The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2/10, n/45. 20Y3 2012 20Y1 Accounts receivable, end of year $157,200 $164,000 $171,800 Sales on account 883,300 839,500 a. For 2012 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 7.1 x 6.3 2. Number of days' sales in 51.4 X days 57.9 X days receivables This can be seen in both the increase in accounts receivable turnover and the decrease in b. The collection of accounts receivable has improved the collection period