3. six answers please help

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 40%, and the dividend per share of common stock was $0.75 last year and $0.40 this year. The market value of the company's common stock at the end of the year was $28. All of the company's sales are on account Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Cash $ 1,200 $ 1,410 Accounts receivable, net 9,400 7,800 Inventory 12,200 12, 100 Prepaid expenses 660 560 Total current assets 23,460 21,870 Property and equipment: Land 9,800 9,800 Buildings and equipment, net 44,583 36, 338 Total property and equipment 54,383 46, 138 Total assets $77,843 $68,008 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $19,400 $17,500 Accrued liabilities 1,090 840 Notes payable, short term 130 130 Total current liabilities 20,620 18,470 Long-term liabilities: Bonds payable 9,200 9,200 Total liabilities 29,820 27,670 Stockholders' equity: Common stock 700 700 Additional paid-in capital 4,808 4,000 Total paid-in capital 4,700 4,700 Retained earnings 43,323 35 638 Total stockholders' equity 48,823 40,338 Total liabilities and stockholders' equity $77,843 $68,088 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales $74,820 $65,000 Cost of goods sold 42,525 38,000 Gross margin 32,295 27,000 Selling and administrative expenses : Selling expenses 11,300 10,800 Administrative expenses 6,800 6,700 Total selling and administrative expenses 18, 100 17,500 Net operating income 14,195 9,500 Interest expense 920 920 Net income before taxes 13,275 8,580 Income taxes 5,310 3,432 Net income 7,965 5,148 Dividends to common stockholders 280 350 Net income added to retained earnings 7,685 4,798 Beginning retained earnings 35,638 30,840 Ending retained earnings $43,323 $35,638 Required: Compute the following financial data for this year 1. Accounts receivable turnover. (Assume that all sales are on account.) (Round your answer to 2 decimal places.) 2. Average collection period. (Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimal places.) 3. Inventory turnover. (Round your answer to 2 decimal places.) 4. Average sale period. (Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimal places.) 5. Operating cycle. (Round your intermediate calculations and final answer to 2 decimal places.) 6. Total asset turnover. (Round your answer to 2 decimal places.) Compute the following financial data for this year: 1. Accounts receivable turnover. (Assume that all sales are on account 2. Average collection period. (Use 365 days in a year. Round your int places.) 3. Inventory turnover. (Round your answer to 2 decimal places.) 4. Average sale period. (Use 365 days in a year. Round your intermec places.) 5. Operating cycle. (Round your intermediate calculations and final ar 6. Total asset turnover. (Round your answer to 2 decimal places.) days 1. Accounts receivable turnover 2. Average collection period 3. Inventory turnover 4. Average sale period 5. Operating cycle 6. Total asset turnover days days