Accounts receivable analysis The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2/10, n/45. Accounts receivable, end of year Sales on account 2013 2012 2011 $730,000 $665,000 $630,000 5,663,500 4,627,000 This information has been collected in the Microsoft Excel Online fde. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet The relationship between sales and accounts receivable, computer, by dividing the average accounts receivable by the average daily sales. a. For 2012 and 2013, determine (1) the accounts receivable tumover and (2) the days sales in receivables. Assume a 365-day year. Do not round Intermediate calculations. Round your answers to one decimal place. 1. Accounts receivable turnover 2. Days' sales in receivables b. The collection of accounts receivable has, in the collection period. Check My Work 2013 2012 days days This can be seen in both thei in accounts receivable turnover and the Previous har ng EP