The following data are taken from the financial statements of Slomon Inc. Terms of all sales are 2/10, 1/45 2012 20Y3 2011 Accounts receivable, end of year $725,000 $650,000 $600,000 Sales on account 5,637,500 4,687,500 a. For 20Y2 and 203, determine (1) the accounts receivable turnover and (2) the number of days sales in recevablas. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365 day year 2013 2012 1. Accounts receivable turnover 2. Number of days' sales in receivables days days b. The collection of accounts receivable has collection period This can be seen in both the To accounts receivable turnover and the