Accounts Receivable Analysis The following data are taken from the financial statements of Basinger Inc. Terms of all sales are 2/10, n/45. 2013 2012 2081 Accounts receivable, end of year $106,000 $113,000 $120,600 Sales on account 657,000 607,360 a. For 2012 and 2013, determine (1) the accounts receivable turnover and (2) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year. 2013 2012 1. Accounts receivable turnover 6 2.6 x 70.2 days 2. Number of days' sales in 121.7 X days receivables b. The collection of accounts receivable has improved decrease in the collection period. This can be seen in both the increase in accounts receivable turnover and the