value: 1.00 points < Question 8 (of 12) Procter & Gamble is a multinational corporation that manufactures and markets many products that are probably in your home. Last year, sales for the company were $76,478 (all amounts in millions). The annual report did not disclose the amount of credit sales, so we will assume that 80 percent of sales were on credit. The average gross profit rate was 49 percent on sales. Account balances follow: Accounts receivable (net) Beginning $6,645 Ending $5,738 Inventory 6,830 6,298 Required: 1. Compute the turnover for the accounts receivable and inventory. (Round your answers to 1 decimal place.) Accounts receivable Inventory Turnover