1. Accounts Receivable Turnover2. Average Collection Period (days)3. Inventory Turnover4. Average Sale Period (days)5. Operating Cycle (days)6. Total Asset Turnover

Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new common stock during the year. A total of 700.000 shares of common stock were outstanding. The interest rate on the bond payable was 10%%, the income tax rate was 405, and the dividend per share of common stock was $0 75 last year and $0140 this year, The market value of the company's common stock at the end of this year was $27, All of the company's sales are on account. weller Corporation amparotive Balance Sheet (dollars in thousands) Last Yearl Current as5635: Cash $1,980 $ 1, 280 Accounts receivable, net 10,203 Inventory 12, 365 209 Prepaid expenses 590 total current assets 24,370 Property and equipment 10, 905 Buildings and equipment, net Total property and equipment Total assets $ 57,589 83, 151 Liabilities and Stockholders Equity current liabilities Accounts payable 15 18 109 Accrued Liabilities Notes payable, short term total current liabilities Long-term liabilities: Bonds payable Total liabilities Stockholders equity: Common stock additional paid-in capital Total paid-in capital Retained earnings Total stockholders equity Total liabilities and stockholders equity 85 181 5 67,889 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales $ 79,980 $ 64,600 Cost of goods sold 37, 600 Gross margin 42,380 27,900 Selling and administrative expenses: Selling expenses 11,500 10, 709 Administrative expenses 7,400 6, 800 Total selling and administrative expenses 18,900 17, 500 Net operating income 23, 480 9, 500 Interest expense 860 860 Net income before taxes 22,620 3, 640 Income taxes 9 , 048 3,456 Net income 13,572 5, 184 Dividends to common stockholders 280 525 Net income added to retained earnings 13,292 4, 659 Beginning retained earnings 35,499 30, 840 Ending retained earnings $ 48,791 $ 35,499