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Net sales Accounts receivable, net (year- end) Year 3 $ 401,000 Year 2. $ 332,000 Year 1 $ 386,000 46,400 44,200 40,900 (1) Compute
Net sales Accounts receivable, net (year- end) Year 3 $ 401,000 Year 2. $ 332,000 Year 1 $ 386,000 46,400 44,200 40,900 (1) Compute its accounts receivable turnover for Year 2 and Year 3. (2) Assuming its competitor has a turnover of 13.3, is Raheem performing better or worse at collecting receivables than its competitor? 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. Choose Numerator: Year 2: Year 3: Accounts Receivable Turnover Choose Denominator: Accounts Receivable Turnover. Accounts receivable turnover 1 times 1 times
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