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Accounts Receivable Analysis The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2/10,n/45. a. For 2012 and 20Y3, determine (1) the accounts receivable tumover and (2) the number of days' sales in recelvables, Round inter calculations to the nearest dollar and final answers 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 receiva turnover and the in the collection period. Feodback TCheck My Work. a.1. Divide net sales by average accounts receivable. Average Accounts receivable = (Beginning Accounts Receivable + Ending Accounts Receivable) 2. a.2. Divide average accounts receivable by average daily sales on account. Average Accounts receivable = (Beginning Accounts Receivable + Ending Accounts Receivable )2. Average daily sales on account = Net Sales 365 days