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 $25. 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		$	1,410
Accounts receivable, net		9,800			6,800
Inventory		12,200			11,000
Prepaid expenses		610			550
Total current assets		23,840			19,760
Property and equipment:
Land		9,000			9,000
Buildings and equipment, net		51,124			42,158
Total property and equipment		60,124			51,158
Total assets	$	83,964		$	70,918
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	18,800		$	18,300
Accrued liabilities		1,040			740
Notes payable, short term		210			210
Total current liabilities		20,050			19,250
Long-term liabilities:
Bonds payable		8,200			8,200
Total liabilities		28,250			27,450
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		51,114			38,868
Total stockholders' equity		55,714			43,468
Total liabilities and stockholders' equity	$	83,964		$	70,918

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	72,210		$	65,000
Cost of goods sold		32,480			33,000
Gross margin		39,730			32,000
Selling and administrative expenses:
Selling expenses		10,900			11,000
Administrative expenses		7,200			6,800
Total selling and administrative expenses		18,100			17,800
Net operating income		21,630			14,200
Interest expense		820			820
Net income before taxes		20,810			13,380
Income taxes		8,324			5,352
Net income		12,486			8,028
Dividends to common stockholders		240			300
Net income added to retained earnings		12,246			7,728
Beginning retained earnings		38,868			31,140
Ending retained earnings	$	51,114		$	38,868

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.)