The following information (in millions) was taken from the December 31 financial statements of Canadian

Instructions
(a) For 2012 and 2011, calculate CN's current ratio, receivables turnover, and average collection period.
(b) Comment on any improvement or deterioration in CN's management of its accounts receivable.

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012 $ 841 10 831 9,920 1,869 2,203 2011 $ 836 Accounts recetvable, gross Allowance for doubtful accounts Accounts recelvable, net Revenues Total current assets Total current liabilitles 796 820 1,590 1,906 1,848