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FedEx Corporation reported the following rounded amounts (in millions): Accounts Receivable Allowance for Doubtful Accounts...

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FedEx Corporation reported the following rounded amounts (in millions): Accounts Receivable Allowance for Doubtful Accounts Accounts Receivable, Net of Allowance Net Sales (assume all on credit) 2019 $9,415 (300) $9,115 $69,690 2018 $8,880 (400) $8,480 $65, 450 Required: 1. Determine the receivables turnover ratio and days to collect for 2019. 2. Do the measures calculated in requirement 1 represent an improvement (or deterioration) in receivables turnover, compared 2018, when the turnover was 8.1? Complete this question by entering your answers in the tabs below. Required 1 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.) Receivables Turnovor Ratio Days to Collect days timos Required Required 2 >

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