Puestion 2 of 7 Selected comparative financial statement data for Covington Inc. are shown below. 2019 COVINGTON INC. Statement of Financial Position (partial) December 31 (in thousands) 2021 2020 Current assets Cash $ 30 $ 91 Trading investments 55 60 Accounts receivable, net 679 585 Inventory 622 526 Prepaid expenses 41 52 Total current assets 1,427 $ 1,314 Total current liabilities $ 873 $ 817 $ 60 40 496 574 29 $ 1,199 $ 748 Additional information: (in thousands) Allowance for doubtful accounts Credit sales Cost of goods sold 2021 $ 50 4,154 2,898 2020 $ 45 3,924 2.643 2019 $ 40 3,703 2,351 (al Calculate all possible liquidity ratios for 2021 and 2020. (Round current ratio to 2 decimal places eg. 266. Round receivables turnover and Inventory tumover to 1 decimal place 43.62. Round collection period and days soles In Inventory to decimal places es 1266. Enter working capital amounts in thousands es, 525) 2021 2020 Worlog capital Current ratio 1 -1 Receivables turnover times times Collection period days days times times Inventory turnover Days sales in inventory days days e Textbook and Media Attempts: 0 of 3 used Save for Later Using multiple attempts will impact your score 5% score reduction after attempt 1 Submit A M