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 $24. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,150	$ 1,350
Accounts receivable, net	10,800	7,300
Inventory	13,800	10,700
Prepaid expenses	610	640
Total current assets	26,360	19,990
Property and equipment:
Land	10,700	10,700
Buildings and equipment, net	52,832	43,958
Total property and equipment	63,532	54,658
Total assets	$ 89,892	$ 74,648
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 20,200	$ 19,400
Accrued liabilities	940	860
Notes payable, short term	230	230
Total current liabilities	21,370	20,490
Long-term liabilities:
Bonds payable	9,200	9,200
Total liabilities	30,570	29,690
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	54,722	40,358
Total stockholders' equity	59,322	44,958
Total liabilities and stockholders' equity	$ 89,892	$ 74,648

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 83,260	$ 66,000
Cost of goods sold	39,200	33,000
Gross margin	44,060	33,000
Selling and administrative expenses:
Selling expenses	11,500	10,300
Administrative expenses	7,300	6,000
Total selling and administrative expenses	18,800	16,300
Net operating income	25,260	16,700
Interest expense	920	920
Net income before taxes	24,340	15,780
Income taxes	9,736	6,312
Net income	14,604	9,468
Dividends to common stockholders	240	450
Net income added to retained earnings	14,364	9,018
Beginning retained earnings	40,358	31,340
Ending retained earnings	$ 54,722	$ 40,358

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.