Final answer:
The economic activities of FedEx Corporation are divided into 12-month periods for the purpose of issuing annual reports. This allows the company to track its financial performance and make informed business decisions.
Step-by-step explanation:
The economic activities of FedEx Corporation are divided into 12-month periods for the purpose of issuing annual reports. This is a common practice in the business world, where companies use annual reports to provide a comprehensive overview of their financial performance and activities over a specific period of time.
Dividing the economic activities into 12-month periods allows FedEx to track its revenue, expenses, profits, and other key financial indicators on a yearly basis. It also helps them analyze trends, identify areas of improvement, and make informed business decisions.
For example, if FedEx wants to assess the impact of a new marketing campaign or the efficiency of its operations, it can compare the performance metrics from different annual reports to see how the company has evolved over time.