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 $157,200 1,011,780 2012 $164,000 940,240 2011 $171,800 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 1 Accounts receivable turnover 2013 2012 2. Number of days' sales in receivables days days b. The collection of accounts receivable has j This can be seen in both the in accounts receivable turnover and the In the collection period.