Solomon Company reports the following in its most recent year of operations:

• Sales, $1,000,000 (all on account)

• Cost of goods sold, $490,000

• Gross profit, $510,000

• Accounts receivable, beginning of year, $110,000

• Accounts receivable, end of year, $140,000

• Merchandise inventory, beginning of year, $55,000

• Merchandise inventory, end of year, $60,000.

Based on these balances, compute:

a. the accounts receivable turnover

b. the inventory turnover