os E8.12 (L05) The following information (in thousands) was taken from the December 31 financial state- ments of Winpak Ltd., a packaging company based in Winnipeg: 2018 2017 2016 Trade accounts receivable, gross $124,376 $110,145 $115,320 Allowance for doubtful accounts 956 655 795 Trade accounts receivable.net 123,420 109.490 114,525 Revenues 889,641 886,774 822,532 612,546 Total current liabilities 530,811 442,785 73,168 65,323 78,022 Instructions Total current assets a. For 2018 and 2017, calculate Winpak's current ratio, receivables turnover, and average collection period. b. Comment on any improvement or datori