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 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	$ 1,090	$ 1,220
Accounts receivable, net	10,600	7,100
Inventory	13,100	11,900
Prepaid expenses	760	560
Total current assets	25,550	20,780
Property and equipment:
Land	10,400	10,400
Buildings and equipment, net	41,329	38,706
Total property and equipment	51,729	49,106
Total assets	$ 77,279	$ 69,886
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,200	$ 18,600
Accrued liabilities	1,030	720
Notes payable, short term	260	260
Total current liabilities	20,490	19,580
Long-term liabilities:
Bonds payable	8,900	8,900
Total liabilities	29,390	28,480
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	43,289	36,806
Total stockholders' equity	47,889	41,406
Total liabilities and stockholders' equity	$ 77,279	$ 69,886

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 76,995	$ 65,000
Cost of goods sold	47,500	37,000
Gross margin	29,495	28,000
Selling and administrative expenses:
Selling expenses	10,600	10,500
Administrative expenses	6,800	6,000
Total selling and administrative expenses	17,400	16,500
Net operating income	12,095	11,500
Interest expense	890	890
Net income before taxes	11,205	10,610
Income taxes	4,482	4,244
Net income	6,723	6,366
Dividends to common stockholders	240	300
Net income added to retained earnings	6,483	6,066
Beginning retained earnings	36,806	30,740
Ending retained earnings	$ 43,289	$ 36,806

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.)