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The following information is from the annual financial statements of Raheem Company. Year 3Year 2Year 1Net sales$ 246,000$ 177,000$ 223,000Accounts receivable, net (year-end)29,10026,90023,600 (1) Compute

The following information is from the annual financial statements of Raheem Company.

Year 3Year 2Year 1Net sales$ 246,000$ 177,000$ 223,000Accounts receivable, net (year-end)29,10026,90023,600

(1) Compute its accounts receivable turnover for Year 2 and Year 3.

(2) Assuming its competitor has a turnover of 13.2, is Raheem performing better or worse at collecting receivables than its competitor?

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