Accounts Receivable Analysis The following account balances are taken from the records of the Bestway Travel Agency: December 31 2017 2016 2015 Accounts receivable $175,000 $100,000 $80,000 Net credit sales $600,000 $530,000 Bestway extends credit terms requiring full payment in 60 days, with no discount for early payment. Required: (Assume 360 days in a year) 1. Bestway's accounts receivable turnover ratio for 2017 and 2016, respectively, are 2. Its number of days' sales in receivables for 2017 and 2016, respectively, are 3. The average age of its receivables for 2017 is than the credit period. The company may decide that allowing a payment term sales which seems to be the case here. However, the company may find that allowing time to pay could cause problems and and