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Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below The company did not issue any now common

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Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below The company did not issue any now common stock during the year. A total of 500,000 shares of common stock were outstanding. Thi interest rate on the bond poyable was 10%, the income tax rate was. 40%, and the dividend per share of common 5 tock was $0.75 last year and $0,40 this year. The market value of the company's common stock at the end of this year was $25. All of the company's sales are on account Required: Compute the following financial data for thes year. 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 intermedlate calculations and final answer to 2 decimal ploces.) 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. Totol asset turnover. (Round your answer to 2 decimal places.)

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