Question: CALCULATOR PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES BB Week 03 Homework Question 1 Question 2 Question 3 Question 4 Question 3 Suppose the following information
CALCULATOR PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES BB Week 03 Homework Question 1 Question 2 Question 3 Question 4 Question 3 Suppose the following information was taken from the 2022 financial statements of FedEx Corporation, a major global transportation/delivery company. Review Score Review Results by Study Objective Mobile Site 2022 $ 3,620 3,300 2021 $ 4,570 4,300 (in millions) Accounts receivable (gross) Accounts receivable (net) Allowance for doubtful accounts Sales revenue Total current assets 320 270 33,820 7,166 36,320 7,250 Answer each of the following questions. (a) Calculate the accounts receivable turnover and the average collection period for 2022 for FedEx. (Round answers to 1 decimal place, e.g. 12.5. Use 365 days for calculation.) Accounts receivable turnover times The average collection period for 2022 days LINK TO TEXT LINK TO VIDEO Attempts: 0 of 3 used SAVE FOR LATER 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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