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 $21. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,270	$ 1,320
Accounts receivable, net	9,500	8,300
Inventory	13,000	12,200
Prepaid expenses	760	570
Total current assets	24,530	22,390
Property and equipment:
Land	10,300	10,300
Buildings and equipment, net	46,110	36,358
Total property and equipment	56,410	46,658
Total assets	$ 80,940	$ 69,048
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,600	$ 18,600
Accrued liabilities	1,050	790
Notes payable, short term	240	240
Total current liabilities	20,890	19,630
Long-term liabilities:
Bonds payable	9,200	9,200
Total liabilities	30,090	28,830
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	46,250	35,618
Total stockholders' equity	50,850	40,218
Total liabilities and stockholders' equity	$ 80,940	$ 69,048

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 78,320	$ 64,000
Cost of goods sold	41,580	37,000
Gross margin	36,740	27,000
Selling and administrative expenses:
Selling expenses	11,300	10,900
Administrative expenses	6,400	6,800
Total selling and administrative expenses	17,700	17,700
Net operating income	19,040	9,300
Interest expense	920	920
Net income before taxes	18,120	8,380
Income taxes	7,248	3,352
Net income	10,872	5,028
Dividends to common stockholders	240	450
Net income added to retained earnings	10,632	4,578
Beginning retained earnings	35,618	31,040
Ending retained earnings	$ 46,250	$ 35,618

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.)