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 company's common stock at the end of this year was $27. All of the company's sales are on account. 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 turnovet. (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 tumover. (Round your answer to 2 decimal places.) Total property and equipsent. Total assets Liabilities and Stockholders' Equity current liabilities: Accounts payable. Accrued liablities Notes payable, short term. Total curcent ilabilities. Long-tera 11 abilities: Eonds payable total habjlities. Stockholders' equity: Connon stock Additional nasd-in capital rotal pasd-in capital. Retained earnings Total stockholders' equity rotal Habilities and steckholders' equity \begin{tabular}{rr} Sarkas & ar, 410 \\ \hline 62,235 & 46,416 \\ \hline$86,175 & $67,946 \\ \hline \end{tabular} \begin{tabular}{rr} 520,200 & $17,490 \\ 940 & 730 \\ 110 & 110 \\ \hline 21,250 & 11,240 \end{tabular} \begin{tabular}{rr} 9,400 & 9,400 \\ \hline 30,650 & 27,640 \\ \hline \end{tabular} \begin{tabular}{rr} 600 & 600 \\ 4,900 & 4,000 \\ \hline 4,600 & 4,600 \\ 50,925 & 35,700 \\ \hline 55,525 & 40,306 \\ \hline$86,175 & $67,946 \\ \hline \end{tabular} weller corporation comparative Incone statenent and seconciliation (dollars in thousands) Sales cost of goods sold Gross margin Selling and administrative expenses: Seling expenses Adeinistrative expenses Total selling and adeinistrative expenses Net operating incoase Interest expense Net incone before taxes Incone taxes Net incone oividends to connon stockholders Net incose added to retained earnings Beginning retained earningt Prey 3 of 12