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 500,000 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 $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	$	1,200		$	1,310
Accounts receivable, net		10,300			6,900
Inventory		14,000			12,400
Prepaid expenses		730			660
Total current assets		26,230			21,270
Property and equipment:
Land		9,400			9,400
Buildings and equipment, net		44,985			35,225
Total property and equipment		54,385			44,625
Total assets	$	80,615		$	65,895
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,300		$	18,200
Accrued liabilities		990			880
Notes payable, short term		120			120
Total current liabilities		20,410			19,200
Long-term liabilities:
Bonds payable		8,500			8,500
Total liabilities		28,910			27,700
Stockholders' equity:
Common stock		500			500
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,500			4,500
Retained earnings		47,205			33,695
Total stockholders' equity		51,705			38,195
Total liabilities and stockholders' equity	$	80,615		$	65,895

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	81,700		$	65,000
Cost of goods sold		39,600			42,000
Gross margin		42,100			23,000
Selling and administrative expenses:
Selling expenses		11,200			10,900
Administrative expenses		7,200			6,700
Total selling and administrative expenses		18,400			17,600
Net operating income		23,700			5,400
Interest expense		850			850
Net income before taxes		22,850			4,550
Income taxes		9,140			1,820
Net income		13,710			2,730
Dividends to common stockholders		200			375
Net income added to retained earnings		13,510			2,355
Beginning retained earnings		33,695			31,340
Ending retained earnings	$	47,205		$	33,695

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.)