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 $23. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,280	$ 1,220
Accounts receivable, net	11,000	6,900
Inventory	12,100	12,000
Prepaid expenses	770	600
Total current assets	25,150	20,720
Property and equipment:
Land	10,500	10,500
Buildings and equipment, net	48,482	39,277
Total property and equipment	58,982	49,777
Total assets	$ 84,132	$ 70,497
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 20,500	$ 17,800
Accrued liabilities	910	710
Notes payable, short term	150	150
Total current liabilities	21,560	18,660
Long-term liabilities:
Bonds payable	8,800	8,800
Total liabilities	30,360	27,460
Stockholders' equity:
Common stock	500	500
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,500	4,500
Retained earnings	49,272	38,537
Total stockholders' equity	53,772	43,037
Total liabilities and stockholders' equity	$ 84,132	$ 70,497

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 76,970	$ 64,000
Cost of goods sold	39,765	33,000
Gross margin	37,205	31,000
Selling and administrative expenses:
Selling expenses	11,100	10,700
Administrative expenses	7,000	6,300
Total selling and administrative expenses	18,100	17,000
Net operating income	19,105	14,000
Interest expense	880	880
Net income before taxes	18,225	13,120
Income taxes	7,290	5,248
Net income	10,935	7,872
Dividends to common stockholders	200	375
Net income added to retained earnings	10,735	7,497
Beginning retained earnings	38,537	31,040
Ending retained earnings	$ 49,272	$ 38,537

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.)