Comparative financial statements for Weller Corporation, a merchandising company, for the fiscal 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 $0.50. The market value of the companys common stock at the end of the 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		$	1,240
Accounts receivable, net		10,100			7,500
Inventory		13,300			12,500
Prepaid expenses		690			630
Total current assets		25,210			21,870
Property and equipment:
Land		9,900			9,900
Buildings and equipment, net		43,246			36,058
Total property and equipment		53,146			45,958
Total assets	$	78,356		$	67,828
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	20,100		$	19,400
Accrued liabilities		1,070			890
Notes payable, short term		170			170
Total current liabilities		21,340			20,460
Long-term liabilities:
Bonds payable		8,200			8,200
Total liabilities		29,540			28,660
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		44,216			34,568
Total stockholders' equity		48,816			39,168
Total liabilities and stockholders' equity	$	78,356		$	67,828

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	81,840		$	66,000
Cost of goods sold		46,440			42,000
Gross margin		35,400			24,000
Selling and administrative expenses:
Selling expenses		11,300			10,500
Administrative expenses		6,700			6,800
Total selling and administrative expenses		18,000			17,300
Net operating income		17,400			6,700
Interest expense		820			820
Net income before taxes		16,580			5,880
Income taxes		6,632			2,352
Net income		9,948			3,528
Dividends to common stockholders		300			300
Net income added to retained earnings		9,648			3,228
Beginning retained earnings		34,568			31,340
Ending retained earnings	$	44,216		$	34,568

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.)