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Comparative financial statements for Weiler Corporation, merchandising company for the year ending December 31 appear below. The company did not Issue any new common stock

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Comparative financial statements for Weiler Corporation, 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 900.000 shares of common stock were outstanding. The Interest rate on the band payable was 129, the income tax rate was 40%, and the dividend per share of common stock was $0.75 last year and S0.40 this year. The market value of the company's common stock at the end of this year was $18.A of the company's sales are on account weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Accounts receivable, met Prepaid expenses Total current assets Property and equipment: Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity Nos payable, short term Total current liabilities Long-term liabilities: Stockholders' equity- Additional paid in capital Total paid in capital Total stockholders' equity Total liabilities and stockholders' equity Comparative Income Statement and Reconciliation | |- | L HL 4 ) . Cost of goods sold Gross margin Selling and asinistrative expenses: Total selling and adni tretive pense Interest expense Net Income before taxes Dividends to common stockholders Net Income added to retained earnings Beginning retained carings Ending retained earnings 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 Sycle. (Round your intermediate calculations and final answer to 2 decimal places.) 6. Total asset turnover Round your answer to 2 decimal places.)

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