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7.5. Sacred Heart Hospital has the following receivables amounts, listed by age: a. Complete the aging schedule by filling in the percentage of total value

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7.5. Sacred Heart Hospital has the following receivables amounts, listed by age: a. Complete the aging schedule by filling in the percentage of total value column. b. Interpret your results. c. Using these data, estimate the hospital's ACP (days in patient accounts receivable). (Hint: Assume that the average age in the first category is 15 days [the midpoint of the range], the average age in the second category is 45 days, and so on. Ignore the receivables older than 120 days.)

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