Question #6 Your friend Dana Stephens manages a small company, Mountain of Gold Sales Ltd. She knows you are taking an accounting course and has asked for your help with her accounts receivable department. She tells you that sales have been increasing, but that the accounts receivable balance is increasing even faster. Dana is worried, since this is starting to cause cash flow problems. She would like your advice on how she can change this situation. Currently the sales people are paid a commission based on sales; they grant credit when they feel it is appropriate. Credit terms are n/45. There is no one person responsible for following up on outstanding accounts. Dana looks at the accounts when she has time and lets the salespeople know which customers are behind with their payments. Instructions Prepare a letter to Dana outlining the steps she can take to improve collection of accounts receivable. Your response should be specific to this situation