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 the 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	$	1,210		$	1,400
Accounts receivable, net		9,800			7,800
Inventory		12,700			11,200
Prepaid expenses		770			590
Total current assets		24,480			20,990
Property and equipment:
Land		10,500			10,500
Buildings and equipment, net		50,830			38,772
Total property and equipment		61,330			49,272
Total assets	$	85,810		$	70,262
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	18,700		$	18,800
Accrued liabilities		900			870
Notes payable, short term		250			250
Total current liabilities		19,850			19,920
Long-term liabilities:
Bonds payable		9,800			9,800
Total liabilities		29,650			29,720
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		51,560			35,942
Total stockholders' equity		56,160			40,542
Total liabilities and stockholders' equity	$	85,810		$	70,262

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	80,960		$	65,000
Cost of goods sold		35,850			39,000
Gross margin		45,110			26,000
Selling and administrative expenses:
Selling expenses		10,700			10,400
Administrative expenses		7,000			6,200
Total selling and administrative expenses		17,700			16,600
Net operating income		27,410			9,400
Interest expense		980			980
Net income before taxes		26,430			8,420
Income taxes		10,572			3,368
Net income		15,858			5,052
Dividends to common stockholders		240			450
Net income added to retained earnings		15,618			4,602
Beginning retained earnings		35,942			31,340
Ending retained earnings	$	51,560		$	35,942

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.)