(Liquidity and profitability analysis) Cathy shares and catering started three years ago by Cathy Gesty Intly the comparations Services as a way to expand without having to add space for at As the catering side of the business grew in 2020, the course we had deb, or credit card, but for centers are we were event. Most of the company pols offer om 30 day to face WC 2017 Accounts receivable Inventory Land Building $9,200 14,660 9,60 15,150 30,460 579,430 53,310 10.220 6.050 15.150 23.70 $58,500 Liabilities and equity Accounts payable Short note sabe Mortgage cavable current Mortgage payable 38,670 59.170 1.620 2,720 24.480 12.000 29.440 929.40 2,720 27,200 12.000 7.910 $5,500 Other information 5193,650 $152.110 Costos sold 21.530 5.530 Attempts 1 of 4 (cl) Your answer is incorrect. Try again Calculate the company's accounts receivable turnover ratio for 2020. How quiddy is the company collecting its recevables? (Round answers to I decimal plac18...) 2020 Accounts receivable turnover 26.4 times 13 Average collection period days