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 $26. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,190		$	1,250
Accounts receivable, net		9,900			8,500
Inventory		12,400			11,300
Prepaid expenses		730			520
Total current assets		24,220			21,570
Property and equipment:
Land		10,800			10,800
Buildings and equipment, net		50,778			39,114
Total property and equipment		61,578			49,914
Total assets	$	85,798		$	71,484
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	20,500		$	18,400
Accrued liabilities		1,010			730
Notes payable, short term		150			150
Total current liabilities		21,660			19,280
Long-term liabilities:
Bonds payable		8,100			8,100
Total liabilities		29,760			27,380
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		51,438			39,504
Total stockholders' equity		56,038			44,104
Total liabilities and stockholders' equity	$	85,798		$	71,484

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	80,960		$	66,000
Cost of goods sold		42,660			34,000
Gross margin		38,300			32,000
Selling and administrative expenses:
Selling expenses		10,800			10,500
Administrative expenses		6,400			6,000
Total selling and administrative expenses		17,200			16,500
Net operating income		21,100			15,500
Interest expense		810			810
Net income before taxes		20,290			14,690
Income taxes		8,116			5,876
Net income		12,174			8,814
Dividends to common stockholders		240			450
Net income added to retained earnings		11,934			8,364
Beginning retained earnings		39,504			31,140
Ending retained earnings	$	51,438		$	39,504

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.)