Accounts Receivable Analysis The following data are taken from the financial statements of Basinger Inc. Terms...

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Accounts Receivable Analysis The following data are taken from the financial statements of Basinger Inc. Terms of all sales are 2/10, n/45. 20Y3 20Y2 20Y1 Accounts receivable, end of year Sales on account $212,000 $226,000 $241,200 1,248,300 1,168,000 a. For 2012 and 2013, determine (1) the accounts receivable turnover and (2) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year 1. Accounts receivable turnover 20Y3 20Y2 5.5 2. Number of days' sales in receivables days days b. The collection of accounts receivable has .This can be seen in both the in accounts receivable turnover and the in the collection period. Accounts Receivable Analysis The following data are taken from the financial statements of Basinger Inc. Terms of all sales are 2/10, n/45. 20Y3 20Y2 20Y1 Accounts receivable, end of year Sales on account $212,000 $226,000 $241,200 1,248,300 1,168,000 a. For 2012 and 2013, determine (1) the accounts receivable turnover and (2) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year 1. Accounts receivable turnover 20Y3 20Y2 5.5 2. Number of days' sales in receivables days days b. The collection of accounts receivable has .This can be seen in both the in accounts receivable turnover and the in the collection period.