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 $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	$ 1,110	$ 1,410
Accounts receivable, net	9,800	8,100
Inventory	13,100	10,600
Prepaid expenses	680	640
Total current assets	24,690	20,750
Property and equipment:
Land	9,200	9,200
Buildings and equipment, net	54,313	39,378
Total property and equipment	63,513	48,578
Total assets	$ 88,203	$ 69,328
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,500	$ 17,700
Accrued liabilities	1,090	830
Notes payable, short term	180	180
Total current liabilities	20,770	18,710
Long-term liabilities:
Bonds payable	9,700	9,700
Total liabilities	30,470	28,410
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	53,133	36,318
Total stockholders' equity	57,733	40,918
Total liabilities and stockholders' equity	$ 88,203	$ 69,328

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 84,130	$ 65,000
Cost of goods sold	36,735	38,000
Gross margin	47,395	27,000
Selling and administrative expenses:
Selling expenses	11,300	10,300
Administrative expenses	6,700	6,600
Total selling and administrative expenses	18,000	16,900
Net operating income	29,395	10,100
Interest expense	970	970
Net income before taxes	28,425	9,130
Income taxes	11,370	3,652
Net income	17,055	5,478
Dividends to common stockholders	240	600
Net income added to retained earnings	16,815	4,878
Beginning retained earnings	36,318	31,440
Ending retained earnings	$ 53,133	$ 36,318

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