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 $29. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,160	$ 1,280
Accounts receivable, net	10,000	6,600
Inventory	12,900	10,700
Prepaid expenses	620	620
Total current assets	24,680	19,200
Property and equipment:
Land	9,900	9,900
Buildings and equipment, net	47,389	41,589
Total property and equipment	57,289	51,489
Total assets	$ 81,969	$ 70,689
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,200	$ 17,400
Accrued liabilities	1,080	790
Notes payable, short term	120	120
Total current liabilities	20,400	18,310
Long-term liabilities:
Bonds payable	8,100	8,100
Total liabilities	28,500	26,410
Stockholders' equity:
Common stock	500	500
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,500	4,500
Retained earnings	48,969	39,779
Total stockholders' equity	53,469	44,279
Total liabilities and stockholders' equity	$ 81,969	$ 70,689

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 76,360	$ 65,000
Cost of goods sold	41,300	32,000
Gross margin	35,060	33,000
Selling and administrative expenses:
Selling expenses	11,400	11,000
Administrative expenses	7,200	6,500
Total selling and administrative expenses	18,600	17,500
Net operating income	16,460	15,500
Interest expense	810	810
Net income before taxes	15,650	14,690
Income taxes	6,260	5,876
Net income	9,390	8,814
Dividends to common stockholders	200	375
Net income added to retained earnings	9,190	8,439
Beginning retained earnings	39,779	31,340
Ending retained earnings	$ 48,969	$ 39,779

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.)