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 $26. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,160	$ 1,360
Accounts receivable, net	9,600	7,900
Inventory	12,100	11,600
Prepaid expenses	740	690
Total current assets	23,600	21,550
Property and equipment:
Land	10,300	10,300
Buildings and equipment, net	48,439	36,598
Total property and equipment	58,739	46,898
Total assets	$ 82,339	$ 68,448
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 20,200	$ 17,600
Accrued liabilities	930	880
Notes payable, short term	130	130
Total current liabilities	21,260	18,610
Long-term liabilities:
Bonds payable	9,700	9,700
Total liabilities	30,960	28,310
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	46,779	35,538
Total stockholders' equity	51,379	40,138
Total liabilities and stockholders' equity	$ 82,339	$ 68,448

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 76,125	$ 65,000
Cost of goods sold	37,920	39,000
Gross margin	38,205	26,000
Selling and administrative expenses:
Selling expenses	11,400	10,000
Administrative expenses	6,700	6,700
Total selling and administrative expenses	18,100	16,700
Net operating income	20,105	9,300
Interest expense	970	970
Net income before taxes	19,135	8,330
Income taxes	7,654	3,332
Net income	11,481	4,998
Dividends to common stockholders	240	600
Net income added to retained earnings	11,241	4,398
Beginning retained earnings	35,538	31,140
Ending retained earnings	$ 46,779	$ 35,538

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.)