Help Save & Exit Submit 6 Test 3 (Ch. 7-9) O 4 points 0228.00 The following information is from the annual financial statements of Raheem Company Net sales Accounts receivable, net (year-end)) Year 3 $217,000 46,500 Year 2 $ 148,000 44,300 Year 1 $193,000 41,000 (1) Compute is accounts receivable turnover for Year 2 and Year 3 (2) Assuming its competitor has a turnover of 7.2, 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. Accounts Receivable Turnover Choose Numerator: vet sales Choose Denominator Average accounts receivable, net Accounts Receivable Turnover Accounts receivable tumover Year 2 $ 148,000 1 0 times Year 3 217,000 7 0 times Required 2 >