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Suppose the following information was taken from the 2025 financial statements of FedEx Corporation, a major global transportation/delivery company. Answer each of the following questions.

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Suppose the following information was taken from the 2025 financial statements of FedEx Corporation, a major global transportation/delivery 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, e.g. 12.5. Use 365 days for calculation.) Accounts receivable turnover times Average collection period days eTextbook and Media Is accounts receivable a material component of the company's total current assets

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