Current assets Cash 2021 2020 2019 $ 30 $ 91 $ 60 Trading investments 55 60 40 Accounts receivable, net 679 585 493 Inventory 633 522 579 Prepaid expenses 41 52 29 Total current assets $ 1.438 $ 1,310 $ 1,201 Total current liabilities $ 887 826 $ 744 Additional information: (in thousands) 2021 2020 2019 Allowance for doubtful accounts 50 45 40 Credit sales 4,194 3,908 3,680 Cost of goods sold 2.888 2,663 2,336 (a) Calculate all possible liquidity ratios for 2021 and 2020. (Round current ratio to 2 decimal places e.g. 2.66. Round receivable and inventory turnover to 1 decimal place e.g. 6.2. Round collection period and days sales in inventory to O decimal places e.g. 1,2 working capital amounts in thousands e.g. 525.) 2021 Working capital $ Current ratio :1 5 2020 :1 times times Receivables turnover days days Collection period Inventory turnover Days sales in inventory eTextbook and Media Save for Later times times days days Attempts: 0 of 5 used Submit