Chapter 7 - Connect Saved 8 The following information is from the annual financial statements of Raheem Company. 10 points eBook Net sales Accounts receivable, net (year-end) Year 3 $ 473,000 38,900 Year 2 $ 404,000 36,700 Year 1 $ 446,000 33,400 Help Save & Exit Submit (1) Compute its accounts receivable turnover for Year 2 and Year 3. (2) Assuming its competitor has a turnover of 18.8, is Raheem performing better or worse at collecting receivables than its competitor? Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Print References Compute its accounts receivable turnover for Year 2 and Year 3. Year 2: Year 3: Choose Numerator: 1 1 Accounts Receivable Turnover Choose Denominator: = Accounts Receivable Turnover = Accounts receivable turnover = 0 times = 0 times Check my work