Accounts Receivable Management. Given the information below, compute the days in accounts receivable, aging schedule, and accounts receivable as a percentage of net patient revenues for Quarter 1 and Quarter 2, 20X1. Compare the two quarters to determine if the organization’s collection procedure is improving.

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Quarter 1, 20X1 (in '000) Days Outstanding Total 1-30 31-60 61-90 Net Accounts Receivable $2,500 $200 $500 $1,800 Net Patient Revenue $7,500 $500 $2,500 $4,500 Quarter 2, 20X1 (in '000) Days Outstanding Total 1-30 31-60 61-90 Net Accounts Receivable $2,500 $800 $500 $1,200 Net Patient Revenue $7,500 $2,000 $2,500 $3,000