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The following data are taken from the financial statements of Sigmon Inc. Terms of all are 2/10,n/45. Required: a. For 20Y2 and 20Y3, determine: 1.

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The following data are taken from the financial statements of Sigmon Inc. Terms of all are 2/10,n/45. Required: a. For 20Y2 and 20Y3, determine: 1. Accounts Receivable Turnover 2. The number of Days' Sales in Receivables b. What conclusions can you draw from these data concerning Sigmon's accounts receivable and credit policies

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