Universal Calendar Company began the year with accounts receivable and inventory balances of $130,000 and $50,000, respectively. Year-end balances for these accounts were $150,000 and $30,000, respectively. Sales for the year of $400,000 generated a gross profit of $120,000.

Calculate the receivables and inventory turnover ratios for the year. (Round your answers to 2 decimal places.)

Receivables turnover ratio:

Inventory turnover ratio: