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Accounts receivable analysis The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2 / 1 0 ,
Accounts receivable analysis The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are n This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet a For and determine the accounts receivable turnover and the days' sales in receivables. Assume a day year. Do not round intermediate calculations. Round your answers to one decimal place. Accounts receivable turnover Days' sales in receivables days days b The collection of accounts receivable has This can be seen in both the increase in accounts receivable turnover and the in the collection period.
Accounts receivable analysis
The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are n
This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.
Open spreadsheet
a For and determine the accounts receivable turnover and the days' sales in receivables. Assume a day year. Do not round intermediate
calculations. Round your answers to one decimal place.
Accounts receivable turnover
Days' sales in receivables
days
days
b The collection of accounts receivable has
This can be seen in both the increase
in accounts receivable turnover and the
in the collection period.
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