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 $28. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,110	$ 1,260
Accounts receivable, net	10,500	7,200
Inventory	13,700	11,600
Prepaid expenses	670	640
Total current assets	25,980	20,700
Property and equipment:
Land	10,200	10,200
Buildings and equipment, net	49,106	40,854
Total property and equipment	59,306	51,054
Total assets	$ 85,286	$ 71,754
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,300	$ 18,400
Accrued liabilities	1,000	770
Notes payable, short term	180	180
Total current liabilities	20,480	19,350
Long-term liabilities:
Bonds payable	9,600	9,600
Total liabilities	30,080	28,950
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	50,606	38,204
Total stockholders' equity	55,206	42,804
Total liabilities and stockholders' equity	$ 85,286	$ 71,754

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 77,880	$ 64,000
Cost of goods sold	37,950	32,000
Gross margin	39,930	32,000
Selling and administrative expenses:
Selling expenses	11,400	10,800
Administrative expenses	6,500	6,800
Total selling and administrative expenses	17,900	17,600
Net operating income	22,030	14,400
Interest expense	960	960
Net income before taxes	21,070	13,440
Income taxes	8,428	5,376
Net income	12,642	8,064
Dividends to common stockholders	240	600
Net income added to retained earnings	12,402	7,464
Beginning retained earnings	38,204	30,740
Ending retained earnings	$ 50,606	$ 38,204

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.)