Cullumber Company factors $318000 of accounts receivable with Vaughn Factors Inc. on a without recourse basis. The receivables records are transferred to Vaughn Factors, which takes over full responsibility for collections. Vaughn assesses a finance charge of 5% and withholds an initial amount equal to 9% of the accounts receivable for returns and allowances. The loss on disposal of receivables recorded by Cullumber is $44520.$28620.$0.$15900. Question 9 of 10 /1 View Policies Current Attempt in Progress The accounts receivable turnover ratio is used to assess the liquidity of all receivables. assess the liquidity of trade receivables. assess the liquidity of the company's customers. assess the liquidity of the company