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 bonds, which were sold at their face value, was 10%. The income tax rate was 40% and the dividend per share of common stock was $0.40 this year. The market value of the companys common stock at the end of the year was $25. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,270		$	1,350
Accounts receivable, net		10,300			8,100
Inventory		12,500			11,100
Prepaid expenses		680			570
Total current assets		24,750			21,120
Property and equipment:
Land		10,200			10,200
Buildings and equipment, net		49,176			37,072
Total property and equipment		59,376			47,272
Total assets	$	84,126		$	68,392
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	20,000		$	18,600
Accrued liabilities		1,010			740
Notes payable, short term		220			220
Total current liabilities		21,230			19,560
Long-term liabilities:
Bonds payable		9,800			9,800
Total liabilities		31,030			29,360
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		48,496			34,432
Total stockholders' equity		53,096			39,032
Total liabilities and stockholders' equity	$	84,126		$	68,392

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	83,720		$	66,000
Cost of goods sold		41,300			42,000
Gross margin		42,420			24,000
Selling and administrative expenses:
Selling expenses		10,800			10,700
Administrative expenses		6,800			6,500
Total selling and administrative expenses		17,600			17,200
Net operating income		24,820			6,800
Interest expense		980			980
Net income before taxes		23,840			5,820
Income taxes		9,536			2,328
Net income		14,304			3,492
Dividends to common stockholders		240			600
Net income added to retained earnings		14,064			2,892
Beginning retained earnings		34,432			31,540
Ending retained earnings	$	48,496		$	34,432

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.)