Exercise 9-17 Accounts receivable turnover LO A1 The following information is from the annual financial statements of Raheem Company. Net sales Accounts receivable, net (year-end) Year 3 Year 2 Year 1 $421,000 $352,000 $394,000 21,000 18,800 15,500 (1) Compute its accounts receivable turnover for Year 2 and Year 3. Choose Numerator: Accounts Receivable Turnover Choose Denominator: 1 / Accounts Receivable Turnover Accounts receivable turnover times 1 Year 2: Year 3: / times (2) Assuming its competitor has a turnover of 317, is Raheem performing better or worse at collecting receivables than its competitor? Better Worse