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 $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	$ 1,220	$ 1,380
Accounts receivable, net	9,500	8,400
Inventory	12,400	10,900
Prepaid expenses	740	500
Total current assets	23,860	21,180
Property and equipment:
Land	9,900	9,900
Buildings and equipment, net	50,064	37,670
Total property and equipment	59,964	47,570
Total assets	$ 83,824	$ 68,750
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,300	$ 18,600
Accrued liabilities	1,000	840
Notes payable, short term	250	250
Total current liabilities	20,550	19,690
Long-term liabilities:
Bonds payable	8,500	8,500
Total liabilities	29,050	28,190
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	50,174	35,960
Total stockholders' equity	54,774	40,560
Total liabilities and stockholders' equity	$ 83,824	$ 68,750

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 79,655	$ 66,000
Cost of goods sold	36,115	40,000
Gross margin	43,540	26,000
Selling and administrative expenses:
Selling expenses	11,200	10,400
Administrative expenses	7,400	6,300
Total selling and administrative expenses	18,600	16,700
Net operating income	24,940	9,300
Interest expense	850	850
Net income before taxes	24,090	8,450
Income taxes	9,636	3,380
Net income	14,454	5,070
Dividends to common stockholders	240	450
Net income added to retained earnings	14,214	4,620
Beginning retained earnings	35,960	31,340
Ending retained earnings	$ 50,174	$ 35,960

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.)