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 $24. All of the companys sales are on account.

Weller Corporation
Comparative Balance Sheet
(dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,250	$ 1,340
Accounts receivable, net	9,300	7,300
Inventory	13,200	11,400
Prepaid expenses	800	560
Total current assets	24,550	20,600
Property and equipment:
Land	9,100	9,100
Buildings and equipment, net	48,824	38,486
Total property and equipment	57,924	47,586
Total assets	$ 82,474	$ 68,186
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,700	$ 18,800
Accrued liabilities	1,090	740
Notes payable, short term	100	100
Total current liabilities	20,890	19,640
Long-term liabilities:
Bonds payable	8,900	8,900
Total liabilities	29,790	28,540
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	48,084	35,046
Total stockholders' equity	52,684	39,646
Total liabilities and stockholders' equity	$ 82,474	$ 68,186

Weller Corporation
Comparative Income Statement and Reconciliation
(dollars in thousands)
	This Year	Last Year
Sales	$ 77,190	$ 65,000
Cost of goods sold	35,670	40,000
Gross margin	41,520	25,000
Selling and administrative expenses:
Selling expenses	11,200	10,800
Administrative expenses	7,300	6,300
Total selling and administrative expenses	18,500	17,100
Net operating income	23,020	7,900
Interest expense	890	890
Net income before taxes	22,130	7,010
Income taxes	8,852	2,804
Net income	13,278	4,206
Dividends to common stockholders	240	600
Net income added to retained earnings	13,038	3,606
Beginning retained earnings	35,046	31,440
Ending retained earnings	$ 48,084	$ 35,046

Required:

Compute the following financial data for this year:

Accounts receivable turnover. (Assume all sales are on account.)

Note: Round your answer to 2 decimal places.

Average collection period.

Note: Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimal places.

Inventory turnover.

Note: Round your answer to 2 decimal places.

Average sale period.

Note: Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimal places.

Operating cycle.

Note: Round your intermediate calculations and final answer to 2 decimal places.

Total asset turnover.

Note: Round your answer to 2 decimal places.