The Following Data Comes from Beaumont Company's Financial Statements for the Year

The following data comes from Beaumont Company's financial statements for the year ended December 31, 2014.(Assume that the balance sheet amounts represent both average and ending balances.) $$\begin{array} { l r } \text { Cash } & \$ 5,000 \\\text { Accounts receivable } & 75,000 \\\text { Inventory } & 32,500 \\\text { Sales } & 525,000 \\\text { Cost of goods sold } & 315,000 \\\text { Net income } & 42,500\end{array}$$ What are Beaumont's accounts receivable turnover ratio and their inventory turnover ratio closest to? $\begin{array}{lr}\text { A/R } & \text { Inventory } \\\text { Turnover } & \text { Turnover }\\\text { A) } 7 \text { times } & 9.7 \text { times } \\\text { B) } 7 \text { times } & 16.1 \text { times } \\\text { C) } 1.4 \text { times } & 9.7 \text { times } \\\text { D) } 1.4 \text { times } & 16.1 \text { times }\end{array}$

A) Option A
B) Option B
C) Option C
D) Option D