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 $30. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,220	$ 1,330
Accounts receivable, net	9,500	6,500
Inventory	14,000	12,100
Prepaid expenses	620	680
Total current assets	25,340	20,610
Property and equipment:
Land	9,900	9,900
Buildings and equipment, net	40,987	39,508
Total property and equipment	50,887	49,408
Total assets	$ 76,227	$ 70,018
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 18,900	$ 18,000
Accrued liabilities	1,100	810
Notes payable, short term	170	170
Total current liabilities	20,170	18,980
Long-term liabilities:
Bonds payable	8,700	8,700
Total liabilities	28,870	27,680
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	42,757	37,738
Total stockholders' equity	47,357	42,338
Total liabilities and stockholders' equity	$ 76,227	$ 70,018

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 70,400	$ 64,000
Cost of goods sold	43,065	34,000
Gross margin	27,335	30,000
Selling and administrative expenses:
Selling expenses	10,600	10,600
Administrative expenses	7,100	6,700
Total selling and administrative expenses	17,700	17,300
Net operating income	9,635	12,700
Interest expense	870	870
Net income before taxes	8,765	11,830
Income taxes	3,506	4,732
Net income	5,259	7,098
Dividends to common stockholders	240	600
Net income added to retained earnings	5,019	6,498
Beginning retained earnings	37,738	31,240
Ending retained earnings	$ 42,757	$ 37,738

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.)