The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2/10, n/45. 2013 2012 2011 Accounts receivable, end of year $149,600 $157,000 $164,200 Sales on account 919,800 867,240 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. 2043 2012 1. Accounts receivable turnover 153,300 X 160,600 X 2. Number of days' sales in receivables 6 X days 5.4 X days . This can be seen in both the increase in accounts receivable turnover and the b. The collection of accounts receivable has improved increase in the collection period. Previous Next > Check My Work 1 more Check My Work uses remaining