Sales for the year for Victor Company were $1,000,000, 70 percent of which were on credit. The average gross profit on sales was 45 percent. Additional account balances were: Accounts receivable (net) Inventory Ending $63,000 80,000 Beginning $66,000 42,000 Required: 1. Compute the turnover for the accounts receivable and inventory. (Round your intermediate calculations and final answers to 2 decimal places.) Answer is complete but not entirely correct. Turnover Accounts receivable Inventory 7.29 X 5.45 2. Compute the average days to collect receivables, and the average days to sell inventory. (Use 365 days in a year. Round your intermediate calculations and final answers to 2 decimal places.) Days To collect accounts receivable To sell inventory