Accounts Receivable Analysis The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2/10,r/45. 5. For 20Y2 and 20Y3, oetermine (1) the accounts receivable turnover and (2) the number ot days' sales in receivables. Round answers to one decimal place. Assume a 365 -day year. b. The colection of accounts receivable has . This can be seen in both the in accounts receivable turnover and the in the collection period. Thech Wy Work Averoge daily sales on account = Net Sales +36 days b. Consider the relationship of the wcocunts involved. Consider the effects of the changes on the busness