Question: Data table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.)

 Data table (Click on the icon located on the top-right corner
of the data table below in order to copy its contents into

Data table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Accounts receivable management This table, shows that Blair Supply had an end-of-year accounts receivable balance of $300,000. The table also shows how much of the receivables balance originated in each of the previous six months. The company had annual sales of $2.40 million and it normally extends 30 -day credit terms to its customers. a. Use the year-end total to evaluate the firm's collection system. a. Ise the year-end total to evaluate the firm's collection system. a? Explain. a. The average collection period is days. (Round to two decimal places.)

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