Help 7 Year 1 The following information is from the annual financial statements of Raheem Company. Year 3 Year 2 Net sales $ 393,600 $ 324,000 $ 372,40 Accounts receivable, net (year-end) 31,400 29,200 25,90 (1) Compute its accounts receivable turnover for Year 2 and Year 3. (2) Assuming its competitor has a turnover of 19.5. is Raheem performing better or worse at collecting receivables than its competitor? 600k Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute its accounts receivable turnover for Year 2 and Year 3 Print Accounts Receivable Turnover Choose Denominator Choose Numerator: - References Accounts Receivable Turnover Accounts receivable tumover times times 1 1 1 Year 2: Year 3: Required 2 > The following information is from the annual financial statements of Raheem Company. Year 3 Year 2 Year 1 Net sales $ 393,888 $ 324,000 $ 372,000 Accounts receivable, net (year-end) 31,400 29,200 25,988 (1) Compute its accounts receivable turnover for Year 2 and Year 3. (2) Assuming its competitor has a turnover of 19.5, is Raheem performing better or worse at collecting receivables than its competitou ook Complete this question by entering your answers in the tabs below. int Required 1 Required 2 int Assuming its competitor has a turnover of 19.5, is Raheem performing better or worse at collecting receivables than its competitor? Is Raheem performing better or worse at collecting receivables than its competitor? ences