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Question 10 of 10 -11 View Policies Current Attempt in Progress The following information (In thousands) was taken from the December 31 financial statements of
Question 10 of 10 -11 View Policies Current Attempt in Progress The following information (In thousands) was taken from the December 31 financial statements of Winpak Ltd. a packaging company based in Winnipeg Trade accounts receivable, gross Allowance for doubtful accounts Trade accounts receivable.net Revenues Total current assets Total current liabilities 2018 $124,376 956 123,420 889.641 612,546 73,168 2017 $110,145 655 109.490 886,774 530,811 65,323 2016 $115,320 795 114,525 822,532 442,785 78,022 (a) For 2018 and 2017, calculate Winpak's current ratio, receivables turnover, and average collection period. (Round answers to 1 decimal place, eg. 52.) 2018 2017 Current ratio :1 Receivables turnover times times Average collection period days days e Textbook and Media Save for Attempts: 0 of 3 used Sun Answs
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