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Consider the following: 20X3 20X2 20X1 Sales $2,000.000 $2,500,000 $2.400,000 December 31 20X2 $ 170,000190.000 180,000 20X3 20X1 Accounts receivable Of the total sales, 70%

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Consider the following: 20X3 20X2 20X1 Sales $2,000.000 $2,500,000 $2.400,000 December 31 20X2 $ 170,000190.000 180,000 20X3 20X1 Accounts receivable Of the total sales, 70% are on account. Compute the days to collect accounts receivable for the years 20X2 and 20X3. Comment on the results

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