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	$ 1,230	$ 1,310
Accounts receivable, net	10,500	7,900
Inventory	12,500	12,200
Prepaid expenses	770	550
Total current assets	25,000	21,960
Property and equipment:
Land	9,100	9,100
Buildings and equipment, net	49,348	37,336
Total property and equipment	58,448	46,436
Total assets	$ 83,448	$ 68,396
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 18,900	$ 17,900
Accrued liabilities	1,100	890
Notes payable, short term	230	230
Total current liabilities	20,230	19,020
Long-term liabilities:
Bonds payable	8,900	8,900
Total liabilities	29,130	27,920
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	49,718	35,876
Total stockholders' equity	54,318	40,476
Total liabilities and stockholders' equity	$ 83,448	$ 68,396

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 81,880	$ 65,000
Cost of goods sold	39,520	38,000
Gross margin	42,360	27,000
Selling and administrative expenses:
Selling expenses	11,400	10,400
Administrative expenses	6,600	6,400
Total selling and administrative expenses	18,000	16,800
Net operating income	24,360	10,200
Interest expense	890	890
Net income before taxes	23,470	9,310
Income taxes	9,388	3,724
Net income	14,082	5,586
Dividends to common stockholders	240	450
Net income added to retained earnings	13,842	5,136
Beginning retained earnings	35,876	30,740
Ending retained earnings	$ 49,718	$ 35,876

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.)