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 $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	$	1,280		$	1,300
Accounts receivable, net		9,100			6,600
Inventory		13,600			11,600
Prepaid expenses		690			590
Total current assets		24,670			20,090
Property and equipment:
Land		10,500			10,500
Buildings and equipment, net		40,619			37,308
Total property and equipment		51,119			47,808
Total assets	$	75,789		$	67,898
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,700		$	18,200
Accrued liabilities		960			710
Notes payable, short term		150			150
Total current liabilities		20,810			19,060
Long-term liabilities:
Bonds payable		9,200			9,200
Total liabilities		30,010			28,260
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		41,179			35,038
Total stockholders' equity		45,779			39,638
Total liabilities and stockholders' equity	$	75,789		$	67,898

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	71,435		$	65,000
Cost of goods sold		41,580			39,000
Gross margin		29,855			26,000
Selling and administrative expenses:
Selling expenses		11,200			10,900
Administrative expenses		7,100			6,100
Total selling and administrative expenses		18,300			17,000
Net operating income		11,555			9,000
Interest expense		920			920
Net income before taxes		10,635			8,080
Income taxes		4,254			3,232
Net income		6,381			4,848
Dividends to common stockholders		240			450
Net income added to retained earnings		6,141			4,398
Beginning retained earnings		35,038			30,640
Ending retained earnings	$	41,179		$	35,038

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.