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E9-9 Accounts receivable analysis Obj 2 Va. Accounts receivable turnover, Year 3 3.2 following data are taken from the financial statements of Amazing Technology Inc

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E9-9 Accounts receivable analysis Obj 2 Va. Accounts receivable turnover, Year 3 3.2 following data are taken from the financial statements of Amazing Technology Inc Terms The of all sales are 2/10, n/30 Year 3 Year 2 Year 1 Accounts receivable, end of year 350,000 290,000 $250,000 . For Years 2 and 3, determine () the accounts receivable turnover and (2) the number of b. What conclusions can be drawn from these data concerning accounts receivable and credit Net sales on account 4,224,000 3,456,000 days' sales in receivables. Round to nearest dollar and one decimal place. policies

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