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 the year was $27. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,260		$	1,230
Accounts receivable, net		10,400			8,100
Inventory		13,400			12,000
Prepaid expenses		650			680
Total current assets		25,710			22,010
Property and equipment:
Land		9,200			9,200
Buildings and equipment, net		49,495			36,256
Total property and equipment		58,695			45,456
Total assets	$	84,405		$	67,466
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,500		$	18,300
Accrued liabilities		1,080			770
Notes payable, short term		260			260
Total current liabilities		20,840			19,330
Long-term liabilities:
Bonds payable		9,900			9,900
Total liabilities		30,740			29,230
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		49,065			33,636
Total stockholders' equity		53,665			38,236
Total liabilities and stockholders' equity	$	84,405		$	67,466

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	84,175		$	65,000
Cost of goods sold		39,370			41,000
Gross margin		44,805			24,000
Selling and administrative expenses:
Selling expenses		10,600			10,400
Administrative expenses		7,100			6,700
Total selling and administrative expenses		17,700			17,100
Net operating income		27,105			6,900
Interest expense		990			990
Net income before taxes		26,115			5,910
Income taxes		10,446			2,364
Net income		15,669			3,546
Dividends to common stockholders		240			450
Net income added to retained earnings		15,429			3,096
Beginning retained earnings		33,636			30,540
Ending retained earnings	$	49,065		$	33,636

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.)