GS&H had the following information on its financial statements for the fiscal years ended December 31. All figures are in millions of Canadian dollars. 2023 2022 2021 2020 Current assets $1,634 $6,036...

3. average collection period for 2021 through 2023

Extracted text: GS&H had the following information on its financial statements for the fiscal years ended December 31. All figures are in millions of Canadian dollars. 2023 2022 2021 2020 Current assets $1,634 $6,036 $3,850 $1,495 Current liabilities 629 2,181 1,276 980 Net sales 3,940 10,342 5,778 4,404 Accounts receivable - gross 1,456 934 746 565 Allowance for doubtful accounts 168 34 17 14 Calculate the following for the company: (1) current ratio for 2020 through 2023 (2) receivable turnover ratio for 2021 through 2023 ENG 6:55