Accounts receivable management An evaluation of the books of Blair Supply, which follows, gives the end-of-year accounts receivable balance, which is believed to consist of amounts originating in the months indicated. The company had annual sales of $2.4 million. The firm extends 30-day credit terms. Use the year-end total to evaluate the firm's collection system. If 70% of the firm's sales occur between July and December, would this information affect the validity of your conclusion in ? Explain