The following information is from the annual financial statements of Raheem Company Net sales Accounts receivable, net (year-end) Year 3 $424,000 22,600 Year 2 Year 1 $355,000 $408,000 20,400 17,100 (1) Compute its accounts receivable turnover for Year 2 and Year 3. Accounts Receivable Turnover Choose Denominator: 1 = 1 Average accounts receivable, net = Choose Numerator: Net sales Year 2: Year 3: Accounts Receivable Turnover Accounts receivable turnover times 1 = / = times (2) Assuming its competitor has a turnover of 29.6, is Raheem performing better or worse at collecting receivables than its competitor? O Better O Worse