Accounts Receivable Analysis The following data are taken from the financial statements of Outdoor Patio Inc. Terms of all sales are 2/10, n/60. Year 3 Year 2 Year 1 $212,000 $226,000$241,200 1,379,700 1,331,520 Accounts receivable, end of year Sales a. For Years 2 and 3, determine (1) the accounts receivable turnover and (2) the number of days' sales in receivabies. Assume there are 365 days in the year. Round intermediate calculations to the nearest whole dollar and final answers to one decimal place. Year 3 Year 2 1. Accounts receivable turnover 2. Number of days' sales in receivables b. What conclusion can be drawn from these data concerning accounts receivable and credit policies? The collection of accounts recelvable has collection period. The company either became customers in Year 3 )