Current Attempt in Progress 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 Answer each of the following questions. (a) 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 eTextbook and Media Save for Later times days Attempts: 0 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above.

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