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 700,000 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	$ 1,090	$ 1,210
Accounts receivable, net	10,400	8,400
Inventory	13,400	12,500
Prepaid expenses	610	530
Total current assets	25,500	22,640
Property and equipment:
Land	9,600	9,600
Buildings and equipment, net	50,673	36,242
Total property and equipment	60,273	45,842
Total assets	$ 85,773	$ 68,482
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 20,200	$ 18,700
Accrued liabilities	1,020	900
Notes payable, short term	200	200
Total current liabilities	21,420	19,800
Long-term liabilities:
Bonds payable	9,800	9,800
Total liabilities	31,220	29,600
Stockholders' equity:
Common stock	700	700
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,700	4,700
Retained earnings	49,853	34,182
Total stockholders' equity	54,553	38,882
Total liabilities and stockholders' equity	$ 85,773	$ 68,482

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 82,720	$ 65,000
Cost of goods sold	37,555	41,000
Gross margin	45,165	24,000
Selling and administrative expenses:
Selling expenses	10,600	10,500
Administrative expenses	7,000	6,700
Total selling and administrative expenses	17,600	17,200
Net operating income	27,565	6,800
Interest expense	980	980
Net income before taxes	26,585	5,820
Income taxes	10,634	2,328
Net income	15,951	3,492
Dividends to common stockholders	280	350
Net income added to retained earnings	15,671	3,142
Beginning retained earnings	34,182	31,040
Ending retained earnings	$ 49,853	$ 34,182

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.)