Homework Saved he following Information is from the annual financial statements of Raheem Company Year 3 $ 255,000 46,900 Year a $ 186,000 44,200 Year 1 5 239,000 41,400 Net sales Accounts receivable, net (year-end) Compute its accounts receivable turnover for Year 2 and Year 3. Assuming its competitor has a turnover of 8.4. 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 ampute its accounts receivable turnover for Year 2 and Year 3. Accounts Receivable Turnover Choose Denominator: Choose Numerator: Accounts Receivable Tumover 40. 41,400 (1) Compute its accounts receivable turnover for Year 2 and Year 3 (2) Assuming its competitor has a turnover of 84, 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 Denominator Choose Numerator Accounts Receivable Turnover Accounts receivable turnover times Year 2 Year 3 Required 2 > y veter i Wibe our cu receivables than its competitor? Complete this question by entering your answers in the tabs below. Required 1 Required Assuming its competitor has a turnover of 8.4, is Raheem performing better or worse at collecting receivables than its competitor? in Raheem performing better or worse at collecting receivables than its competitor?