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 $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	$	1,210		$	1,370
Accounts receivable, net		10,200			8,000
Inventory		13,300			12,500
Prepaid expenses		650			620
Total current assets		25,360			22,490
Property and equipment:
Land		9,500			9,500
Buildings and equipment, net		46,206			35,774
Total property and equipment		55,706			45,274
Total assets	$	81,066		$	67,764
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,300		$	17,900
Accrued liabilities		1,020			870
Notes payable, short term		180			180
Total current liabilities		20,500			18,950
Long-term liabilities:
Bonds payable		8,600			8,600
Total liabilities		29,100			27,550
Stockholders' equity:
Common stock		500			500
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,500			4,500
Retained earnings		47,466			35,714
Total stockholders' equity		51,966			40,214
Total liabilities and stockholders' equity	$	81,066		$	67,764

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	79,170		$	66,000
Cost of goods sold		39,990			41,000
Gross margin		39,180			25,000
Selling and administrative expenses:
Selling expenses		11,200			10,400
Administrative expenses		7,200			6,200
Total selling and administrative expenses		18,400			16,600
Net operating income		20,780			8,400
Interest expense		860			860
Net income before taxes		19,920			7,540
Income taxes		7,968			3,016
Net income		11,952			4,524
Dividends to common stockholders		200			250
Net income added to retained earnings		11,752			4,274
Beginning retained earnings		35,714			31,440
Ending retained earnings	$	47,466		$	35,714

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.)