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9 Question 3 - Google Chrome - 0 edugen.wileyplus.com/edugen/shared/assignment/test/qprint.uni Print by: KHYANA FLORA 53287355:HCS/380 / Bb Week 3 Homework Question 3 Suppose the following information was taken from the 2017 financial statements of FedEx Corporation, a major global transportation/delivery company. (in millions) 2017 2016 Accounts receivable (gross) $ 3,544 $ 4,538 Accounts receivable (net) 3,303 3,949 Allowance for doubtful accounts 241 589 Sales revenue 33,102 41,435 Total current assets 6,750 7,084 Answer each of the following questions. * Question 3 Calculate the accounts receivable turnover and the average collection period for 2017 for FedEx Corporation. ( Round answers to 1 decimal place, e.g. 12.5. Use 365 days for calculation.) Accounts receivable turnover times The average collection period for 2017 days Attempts: 0 of 3 used * Question 3 The parts of this question must be completed in order. This part will be available when you complete the part above. Copyright @ 2000-2019 by John Wiley & Sons, Inc. or related companies. All rights reserved. 10:57 AM 10/28/2019