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Accounts Receivable Analysis 2013 2011 The following data are taken from the financial statements of Siomon Inc. Terms of all sales are 2/10, 1/45. 20Y2

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Accounts Receivable Analysis 2013 2011 The following data are taken from the financial statements of Siomon Inc. Terms of all sales are 2/10, 1/45. 20Y2 Accounts receivable, end of year $157,200 $164,000 $171,800 Sales on account 899,360 805,920 d. For 2012 and 2073, determine (1) the accounts receivable turnover and (2) the number of days' sales in recewables. Round answers to one decimal place. Assume a 365 day year 2013 2012 1. Accounts receivable turnover 2. Number of days' sales in receivables b. The collection of accounts receivable has This can be seen in both the in the collection period. days days In accounts receivable turnover and the

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