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:

The accounts receivable turnover.

The inventory turnover.