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Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 3 1 appear below. The company did not issue any new

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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 thls year. The market value of the company's common stock at the end of thls year was $29. All of the company's sales are on account.
Required:
Compute the following financial data for this year:
Accounts recelvable 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)
Inventory tumover. (Round your answer to 2 decimal places.)
Averago sale period. Whe 365 days in a year. Round your intermedtate calculations and final answer to 2 decimal places)
Operating eycle (Round your intermediate calculations and final answer to 2 dectmat places.)
Total asct turnover. (Round your anfiwer to 2 decimal places.)
Aspounts ieceivable turnover
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