USE THE FOLLOWING DATA SET TO ANSWER OUESTION #21 and 22 Travel World Inc. has provided you with the following data: 2019 2018 Net Credit Sales $165,000 $140,000 Net Accounts Receivable $85,000 $95,000 21. Calculate the Receivable Turnover Ratio for 2019: A) 1.833 times B) 1.555 times C) 1.694 times D) None of the above 22. Calculate the Average Collection Period for 2019 A) 116.02 Days B) 199.09 Days C) 262.58 Days D) Not enough information is given to answer this question. USE THE FOLLOWING DATA SET TO ANSWER QUESTION #23 and #24 Wendy Enterprises, LLC purchases lands with the intention of using it for a parking lot for their downtown store. As part of the purchase of the land and its conversion into a parking lot, Wendy Enterprises, LLC incurred the following costs: Cost of the land $100,000 Real Estate Fees $ 500 Paving the Parking Lot $ 65,000 Installing Light Poles $ 15,000 Removal of a shed $ 600 23. What is the cost / dollar amount of the land that would be recorded? A) $100,500 B) $101,100 C) $165,500 24. What is the cost/ dollar amount of the land improvements that would be recorded A) $80,600 B) $15,600 C) $80,000