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 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	$ 1,110	$ 1,350
Accounts receivable, net	10,300	8,300
Inventory	12,300	10,700
Prepaid expenses	620	670
Total current assets	24,330	21,020
Property and equipment:
Land	9,700	9,700
Buildings and equipment, net	48,799	35,923
Total property and equipment	58,499	45,623
Total assets	$ 82,829	$ 66,643
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 18,500	$ 17,400
Accrued liabilities	1,100	890
Notes payable, short term	280	280
Total current liabilities	19,880	18,570
Long-term liabilities:
Bonds payable	8,700	8,700
Total liabilities	28,580	27,270
Stockholders' equity:
Common stock	700	700
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,700	4,700
Retained earnings	49,549	34,673
Total stockholders' equity	54,249	39,373
Total liabilities and stockholders' equity	$ 82,829	$ 66,643

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 79,980	$ 64,000
Cost of goods sold	35,650	39,000
Gross margin	44,330	25,000
Selling and administrative expenses:
Selling expenses	11,000	10,400
Administrative expenses	7,200	6,300
Total selling and administrative expenses	18,200	16,700
Net operating income	26,130	8,300
Interest expense	870	870
Net income before taxes	25,260	7,430
Income taxes	10,104	2,972
Net income	15,156	4,458
Dividends to common stockholders	280	525
Net income added to retained earnings	14,876	3,933
Beginning retained earnings	34,673	30,740
Ending retained earnings	$ 49,549	$ 34,673

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.)