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 $10,000 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 Complete this question entering your answers in the tabs below. Pequeda Required The accounts receivable turnover Accounts Receivable Turnover Choose Denominator Choose Numerator Accounts Receivable Turnover Required> Pre 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 Complete this question entering your answers in the tabs below. Required Required N The inventory tumover Choose Numerator Inventory Turnover Choose Denominator Inventory Turnover