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 $22. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,230	$ 1,290
Accounts receivable, net	10,100	7,700
Inventory	13,000	11,600
Prepaid expenses	670	550
Total current assets	25,000	21,140
Property and equipment:
Land	10,100	10,100
Buildings and equipment, net	42,170	37,696
Total property and equipment	52,270	47,796
Total assets	$ 77,270	$ 68,936
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,200	$ 18,200
Accrued liabilities	1,020	810
Notes payable, short term	120	120
Total current liabilities	20,340	19,130
Long-term liabilities:
Bonds payable	8,900	8,900
Total liabilities	29,240	28,030
Stockholders' equity:
Common stock	700	700
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,700	4,700
Retained earnings	43,330	36,206
Total stockholders' equity	48,030	40,906
Total liabilities and stockholders' equity	$ 77,270	$ 68,936

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 76,540	$ 65,000
Cost of goods sold	45,510	36,000
Gross margin	31,030	29,000
Selling and administrative expenses:
Selling expenses	11,000	10,700
Administrative expenses	6,800	6,800
Total selling and administrative expenses	17,800	17,500
Net operating income	13,230	11,500
Interest expense	890	890
Net income before taxes	12,340	10,610
Income taxes	4,936	4,244
Net income	7,404	6,366
Dividends to common stockholders	280	700
Net income added to retained earnings	7,124	5,666
Beginning retained earnings	36,206	30,540
Ending retained earnings	$ 43,330	$ 36,206

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.)