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) $3,710 $4,520 Accounts receivable (net) 3,450 4,350 Allowance for doubtful accounts 260 170 Sales revenue 35,880 38,380 Total current assets 7,160 7,284 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 Is accounts receivable a material component of the company's total current assets? eTextbook and Media