Important Note! Before you start working on this problem, watch the Hint video. This video shows you exactly how to work this problem. The following information is from the annual financial statements of Raheem Company. Net sales Accounts receivable, net (year-end) Year 3 $316,000 20,500 Year 2 $247,000 18,300 (1) Compute its accounts receivable turnover for Year 2 and Year 3. Year 1 $299,000 15,000 Year 2: Year 3: Choose Numerator: Accounts Receivable Turnover Choose Denominator: Accounts Receivable Turnover. Accounts receivable turnover times times (2) Assuming its competitor has a turnover of 24.4, is Raheem performing better or worse at collecting receivables than its competitor? Better Worse