Question: E6-24 (Algo) Computing and Interpreting the Receivables Turnover Ratio LO6-3 A recent annual report for FedEx contained the following data: 1. Determine the receivables turnover

E6-24 (Algo) Computing and Interpreting the Receivables Turnover Ratio LO6-3 A

E6-24 (Algo) Computing and Interpreting the Receivables Turnover Ratio LO6-3 A recent annual report for FedEx contained the following data: 1. Determine the receivables turnover ratio and average days sales in receivables for the current year. Note: Use 365 days a year. Enter your answers in thousands not in dollars

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