Suppose the following information was taken from the 2025 financial statements of FedEx Corporation, a major global transportation/delivery company. (in millions) Accounts receivable (gross) Accounts receivable (net) Allowance for doubtful accounts Sales revenue Total current assets 2025 $3,780 3,400 380 34,320 Answer each of the following questions. 7,190 2024 $4,650 4,400 250 36,820 7,262

Suppose the following information was taken from the 2025 financial statements of FedEx Corporation, a major global transportation/deflvery company. Answer each of the following questions. Calculate the accounts receivable turnover and the average collection period for 2025 for FedEx (Round answers to 1 decimal place, es. 12.5. Use 365 days for ealeutation.) Accounts receivable turnover times Average collection period days