question(a) Horizontally analyze the financial data in Exercise 17 9 (b) Calculate how many days it took Sigmon Inc to collect its recieivables (i e Sigmon's average collection period) in 20Y3 Show and briefly explain your work EX 17 9 The following data are taken from the financial statements of Sigmon Inc Terms of all sales are 2 10, n 45 Accounts receivable analysis OBJ 3 ceivable 2 20Y3 20Y2 20Y1 Accounts receivable, end of year Sales on account 725,000650,000 4687,500 $600,000 5,637,500

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Question: question(a) Horizontally analyze the financial data in Exercise 17-9. (b) Calculate how many days it took Sigmon Inc. to collect its recieivables (i.e. Sigmon's average

question(a) Horizontally analyze the financial data in Exercise 17-9. (b) Calculate how many days it took Sigmon Inc. to collect its recieivables (i.e. Sigmon's average collection period) in 20Y3. Show and briefly explain your work.

question(a) Horizontally analyze the financial data in Exercise 17-9. (b) Calculate how

EX 17-9 The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2/10, n/45. Accounts receivable analysis OBJ. 3 ceivable .2 20Y3 20Y2 20Y1 Accounts receivable, end of year Sales on account 725,000650,000 4687,500 $600,000 5,637,500

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