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Accounts Receivable Analysis The following data are taken from the financial statements of Sigmon Ine. Terms of all sales are 2/10, n/45. 203 20Y2 201

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Accounts Receivable Analysis The following data are taken from the financial statements of Sigmon Ine. Terms of all sales are 2/10, n/45. 203 20Y2 201 Accounts receivable, end of year $204,400 $219,000 $233,600 Sales on account 1,376,050 1,289,910 a. For 20Y2 and 20Y3, 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. 203 202 1. Accounts receivable turnover days days 2. Number of days' sales in receivables in accounts receivable turnover and the b. The collection of accounts receivable has in the collection period. This can be seen in both the

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