Accounts Recervable Analysis The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2//10,n//45. 20Y3 20Y2 20Y1 Accounts receivable, end of year $725,000 $650,000 $600,000 Sales on account 5,637,500 4,687,500 to one decimal place. Assume a 365 -day year. b. The collection of accounts receivable has improved This can be seen in both the in accounts receivable turnover and the in the collection

The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2/10, n/45. to one decimal place. Assume a 365-day year. b. The collection of accounts receivable has This can be seen in both the in accounts receivable turnover and the in the collection