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		$1,600			$6,009			$3,860			$1,485
Current liabilities		629			2,181			1,276			980
Net sales		3,964			10,330			5,720			4,405
Accounts receivable - gross		1,408			962			742			564
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
(3)		average collection period for 2021 through 2023.

(Round ratio answers to 2 decimal places, e.g. 52.75. Round average collection period answers to 0 decimal places, e.g. 52. Use 365 days for calculation.)

Determine from the results obtained in part (a) if the companys:

(1)		Current ratio deteriorated or improved from 2022 to 2023.
(2)		Current ratio improved or deteriorated from 2020 to 2021.
(3)		Receivable turnover improved or deteriorated from 2022 to 2023.
(4)		Receivable turnover improved or deteriorated from 2021 to 2022.
(5)		Collection period deteriorated or improved from 2021 to 2022.