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 $405,000 $336,000 $388,000 32,600 27,100 30,400 (1) Compute its accounts receivable turnover for Year 2 and Year 3. Accounts Receivable Turnover Choose Denominator: Choose Numerator: = 1 1 Accounts Receivable Turnover Accounts receivable turnover times Year 2: / = Year 3: / = times (2) Assuming its competitor has a turnover of 19.3, is Raheem performing better or worse at collecting receivables than its competitor? Better Worse