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Show all steps please! Accounts Receivable Analysis The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2/10,

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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. 20Y3 2012 2011 Accounts receivable, end of year $113,600 $120,000 $128,200 Sales on account 712,480 657,730 a. For 20Y2 and 20Y3, determine (1) the accounts receivable turnover and (2) the number of days' sales in receivables. Round answers to one decimal place. Assume a 365-day year. 20Y3 20Y2 1. Accounts receivable turnover 6.4 5.8 2. Number of days' sales in receivables days days . This can be seen in both the in accounts receivable turnover and the b. The collection of accounts receivable has in the collection period

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