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 700,000 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 $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	$ 1,130	$ 1,330
Accounts receivable, net	10,700	6,700
Inventory	13,800	11,700
Prepaid expenses	690	680
Total current assets	26,320	20,410
Property and equipment:
Land	9,500	9,500
Buildings and equipment, net	49,451	43,036
Total property and equipment	58,951	52,536
Total assets	$ 85,271	$ 72,946
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,400	$ 18,400
Accrued liabilities	1,060	720
Notes payable, short term	280	280
Total current liabilities	20,740	19,400
Long-term liabilities:
Bonds payable	9,900	9,900
Total liabilities	30,640	29,300
Stockholders' equity:
Common stock	700	700
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,700	4,700
Retained earnings	49,931	38,946
Total stockholders' equity	54,631	43,646
Total liabilities and stockholders' equity	$ 85,271	$ 72,946

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 80,040	$ 65,000
Cost of goods sold	42,075	32,000
Gross margin	37,965	33,000
Selling and administrative expenses:
Selling expenses	11,100	10,300
Administrative expenses	7,100	6,700
Total selling and administrative expenses	18,200	17,000
Net operating income	19,765	16,000
Interest expense	990	990
Net income before taxes	18,775	15,010
Income taxes	7,510	6,004
Net income	11,265	9,006
Dividends to common stockholders	280	700
Net income added to retained earnings	10,985	8,306
Beginning retained earnings	38,946	30,640
Ending retained earnings	$ 49,931	$ 38,946

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.)