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 $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	$ 1,130	$ 1,290
Accounts receivable, net	10,800	7,700
Inventory	13,800	11,800
Prepaid expenses	770	650
Total current assets	26,500	21,440
Property and equipment:
Land	9,300	9,300
Buildings and equipment, net	51,582	37,458
Total property and equipment	60,882	46,758
Total assets	$ 87,382	$ 68,198
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 18,500	$ 19,000
Accrued liabilities	960	740
Notes payable, short term	150	150
Total current liabilities	19,610	19,890
Long-term liabilities:
Bonds payable	8,700	8,700
Total liabilities	28,310	28,590
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	54,472	35,008
Total stockholders' equity	59,072	39,608
Total liabilities and stockholders' equity	$ 87,382	$ 68,198

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 86,950	$ 65,000
Cost of goods sold	35,840	40,000
Gross margin	51,110	25,000
Selling and administrative expenses:
Selling expenses	10,700	10,200
Administrative expenses	6,700	6,900
Total selling and administrative expenses	17,400	17,100
Net operating income	33,710	7,900
Interest expense	870	870
Net income before taxes	32,840	7,030
Income taxes	13,136	2,812
Net income	19,704	4,218
Dividends to common stockholders	240	450
Net income added to retained earnings	19,464	3,768
Beginning retained earnings	35,008	31,240
Ending retained earnings	$ 54,472	$ 35,008

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.)