22 Check my work 0.62 points Exercise 13.10 (Algo) Calculating the accounts receivable turnover and the inventory turnover. LO 13-6 Solomon Company reports the following in its most recent year of operations: Net sales, $1,177,200 (all on account) eBook Print References Cost of goods sold, $614,100 Gross profit, $563,100 Accounts receivable, beginning of year, $99,000 Accounts receivable, end of year, $119,000 Merchandise inventory, beginning of year, $64,000 Merchandise inventory, end of year, $74,000. Based on these balances, compute: a. The accounts receivable turnover. b. The average collection period. c. The inventory turnover. d. The average number of days in inventory. Complete this question entering your answers in the tabs below. Required a Required b Required c Required d The accounts receivable turnover. Accounts Receivable Turnover Choose Numerator Choose Denominator Accounts Receivable Turnover Net sales Average accounts receivable = Required a Required b > Assessment Tool iFrame 0