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	$ 1,120	$ 1,300
Accounts receivable, net	9,200	8,200
Inventory	13,000	10,700
Prepaid expenses	730	510
Total current assets	24,050	20,710
Property and equipment:
Land	11,000	11,000
Buildings and equipment, net	46,706	36,932
Total property and equipment	57,706	47,932
Total assets	$ 81,756	$ 68,642
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,600	$ 19,400
Accrued liabilities	1,100	780
Notes payable, short term	140	140
Total current liabilities	20,840	20,320
Long-term liabilities:
Bonds payable	9,800	9,800
Total liabilities	30,640	30,120
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	46,516	33,922
Total stockholders' equity	51,116	38,522
Total liabilities and stockholders' equity	$ 81,756	$ 68,642

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 74,820	$ 66,000
Cost of goods sold	35,550	42,000
Gross margin	39,270	24,000
Selling and administrative expenses:
Selling expenses	10,500	10,400
Administrative expenses	6,400	6,400
Total selling and administrative expenses	16,900	16,800
Net operating income	22,370	7,200
Interest expense	980	980
Net income before taxes	21,390	6,220
Income taxes	8,556	2,488
Net income	12,834	3,732
Dividends to common stockholders	240	450
Net income added to retained earnings	12,594	3,282
Beginning retained earnings	33,922	30,640
Ending retained earnings	$ 46,516	$ 33,922

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.)