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2011 Accounts receivable analysis The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2/10, n/45, 20Y3 20Y2

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2011 Accounts receivable analysis The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2/10, n/45, 20Y3 20Y2 Accounts receivable, end of year $725,000 $670,000 $630,000 Sales on account 5,674,500 4,633,000 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. X Open spreadsheet

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