Accounts Receivable Analysis The following data are taken from the financial statements of Simon Inc. Terms of all sales are 7/10, 1/45 2013 2012 2011 Accounts receivable, end of year $157,200 $164,000 $191,800 Sales, on account 1,076,020 990,610 a. For 2012 and 2013, determine (1) the accounts receivable turnover and (2) the number of days sales in receivables, Round answers to one decimal place. Assume a 365-day year 2013 2012 1. Accounts receivable turnover 2. Number of days' sales in receivables days days b. The collection of accounts receivable has This can be seen in both the in accounts receivable turnover and the in the collection period