E8.14 (LO 4) AN The following information (in millions) was taken from the December 31 financial statements of Canadian National Railway Company: 000.12 teng non idom-xia vs tyto duction had yeq or sidanu zow ight 21 2017 anos 2016 immens siduvioost $1,000 $ 903 2015 $ 885 7 M Accounts receivable, gross Allowance for doubtful accounts Accounts receivable, net Revenues Vadi 16 two um 28 belie 878 12,611 and art no ba 984 13,041 Total current assets 2,190 875 12,037 2,107 anos 2,153 brone Total current liabilities 3,983 3,008 2,998 ol anditasemen aldev b. Calculate the receivables turnover and average collection period for 2017 and 2016. Instructions rasili ni yuqoxuoil moil ston a. Calculate the 2017 and 2016 current ratios. T c. Comment on any improvement or weakening in CN's liquidity and its management of accounts EM OE she receivable. dinot dass to br