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 bonds, which were sold at their face value, was 10%. The income tax rate was 40% and the dividend per share of common stock was $0.40 this year. The market value of the companys common stock at the end of the year was $29. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,190		$	1,350
Accounts receivable, net		9,500			6,900
Inventory		13,900			12,100
Prepaid expenses		710			510
Total current assets		25,300			20,860
Property and equipment:
Land		10,700			10,700
Buildings and equipment, net		46,034			40,690
Total property and equipment		56,734			51,390
Total assets	$	82,034		$	72,250
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,600		$	17,700
Accrued liabilities		980			810
Notes payable, short term		130			130
Total current liabilities		20,710			18,640
Long-term liabilities:
Bonds payable		9,500			9,500
Total liabilities		30,210			28,140
Stockholders' equity:
Common stock		500			500
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,500			4,500
Retained earnings		47,324			39,610
Total stockholders' equity		51,824			44,110
Total liabilities and stockholders' equity	$	82,034		$	72,250

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	75,440		$	66,000
Cost of goods sold		42,900			33,000
Gross margin		32,540			33,000
Selling and administrative expenses:
Selling expenses		11,100			10,900
Administrative expenses		7,300			6,700
Total selling and administrative expenses		18,400			17,600
Net operating income		14,140			15,400
Interest expense		950			950
Net income before taxes		13,190			14,450
Income taxes		5,276			5,780
Net income		7,914			8,670
Dividends to common stockholders		200			500
Net income added to retained earnings		7,714			8,170
Beginning retained earnings		39,610			31,440
Ending retained earnings	$	47,324		$	39,610

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.)