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The following information is from the annual financial statements of Raheem Company. Year 3 Year 2 Year 1 Net sales $ 438,000 $ 369,000 $

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

Year 3 Year 2 Year 1
Net sales $ 438,000 $ 369,000 $ 419,000
Accounts receivable, net (year-end) 44,200 42,000 38,700

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

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