Suppose the following information was taken from the 2025 financial statements of FedEx Corporation, a major global transportation/delivery company. (in millions) 2025 2024 Accounts receivable (gross) $3,720 $4,640 Accounts receivable (net) 3,350 4,350 Allowance for doubtful accounts. 370 290 Sales revenue 36,575 39.075 Total current assets 7,190 7,252 Answer each of the following questions. (a) its Round Answers to 2 decimal Calculate the accounts receivable turnover and the average collection period for 2025 for FedEx (Round answers to 1 decimal place, e.g. 12.5. Use 365 days for calculation.) Accounts receivable turnover Average collection period times days eTextbook and Media Save for Later (b) Is accounts receivable a material component of the company's total current assets eTextbook and Media Save for Laber Attempts: 0 of 15 used Subst Attempts: 0 of 15 used Ar