Accounts Receivable Analysis The following data are taken from the financial statements of Rise and Shine Company. Terms of all sales are 2/10,n/30. a. For Years 2 and 3, determine (1) the accounts receivable turnover and (2) the number of days' sales in receivables. Assume there are 365 days in the year. Round intermediate calculations to the nearest whole dollar and final answers to one decimal place. b. What conclusion can be drawn from these data concerning accounts receivable and credit policies? in accounts receivable turnover and the This can be seen in the The collection of accounts receivable has aggressive in collecting accounts receivable or in the collection period. The company either became restrictive in granting credit to customers in Year 3