CAN SOMEONE CHECK IT FOR ME

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 600,000 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 companys common stock at the end of this year was $22. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,280		$	1,280
Accounts receivable, net		9,600			6,800
Inventory		12,200			11,200
Prepaid expenses		760			670
Total current assets		23,840			19,950
Property and equipment:
Land		10,000			10,000
Buildings and equipment, net		49,160			43,222
Total property and equipment		59,160			53,222
Total assets	$	83,000		$	73,172
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,300		$	19,000
Accrued liabilities		940			880
Notes payable, short term		190			190
Total current liabilities		20,430			20,070
Long-term liabilities:
Bonds payable		8,800			8,800
Total liabilities		29,230			28,870
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		49,170			39,702
Total stockholders' equity		53,770			44,302
Total liabilities and stockholders' equity	$	83,000		$	73,172

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	75,440		$	65,000
Cost of goods sold		39,780			33,000
Gross margin		35,660			32,000
Selling and administrative expenses:
Selling expenses		11,500			10,100
Administrative expenses		7,100			6,500
Total selling and administrative expenses		18,600			16,600
Net operating income		17,060			15,400
Interest expense		880			880
Net income before taxes		16,180			14,520
Income taxes		6,472			5,808
Net income		9,708			8,712
Dividends to common stockholders		240			450
Net income added to retained earnings		9,468			8,262
Beginning retained earnings		39,702			31,440
Ending retained earnings	$	49,170		$	39,702

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.)