Question 20 Sweet Acacia Building Materials Group Ltd., a building materials company in B.C., had the following information on its financial statements for the fiscal years ended December 31. All figures are in thousands of Canadian dollars. Current assets Current liabilities Net sales Accounts receivable - gross Allowance for doubtful accounts 2022 $170,565 54,267 759,676 50,732 133 2021 $149,100 43,850 725,476 43,771 123 2020 $142,552 47,876 711,874 50,634 154 Calculate Sweet Acacia's (1) current ratio for 2020 through 2022 (2) receivable turnover ratio for 2021 and 2022 (3) average collection period for 2021 and 2022 (Round ratio answers to 2 decimal places, e.g. 52.75. Round average collection period answers to O decimal places, e.g. 52. Use 365 days for calculation.) 2022 2021 2020 Current ratio : 1 :1 :1 Receivable turnover ratio times times Average collection period days days