10 MARKS QUESTION 4 The following data are taken from the financial statements of Duffy Limited: $ 550,000 4,950,000 $ 520,000 5,980,000 Monthly average accounts receivable Net sales on account Terms for all sales are n/30 Instructions Calculate the receivables turnover and the collection period for both years. (8marks) a) What conclusion can an analyst draw a b) bout the management of the accounts recelvable? (2 marks)