E8-16 (Static) Analyzing and Interpreting Receivables Turnover Ratio and Days to Collect [LO 8-4] FedEx Corporation reported the following rounded amounts (in millions); 2 2019 $9, 415 (300) 59, 115 $69,690 Accounts Receivable Allowance for Doubtful Accounts Accounts Receivable, Net of Allowance Net Sales (assume all on credit) 2018 58,880 (400) 58,480 $65,450 08:17:16 eBook Required: 1. Determine the receivables turnover ratio and days to collect for 2019. 2. Do the measures calculated in requirement represent an improvement for deterioration) in receivables turnover, compared to 2018, when the turnover was 8.1? H Print Complete this question by entering your answers in the tabs below. References Required: Required 2 Determine the receivables turnover ratio and days to collect for 2019. (Use 365 days in a year. Do not round Intermediate calculations. Round your final answers to 1 decimal place.) Receivable Turnover Ratio Days to Collect times days RO Required 2 >