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 $28. 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	$ 1,400
Accounts receivable, net	11,000	7,500
Inventory	12,700	10,800
Prepaid expenses	610	540
Total current assets	25,560	20,240
Property and equipment:
Land	10,600	10,600
Buildings and equipment, net	54,663	40,504
Total property and equipment	65,263	51,104
Total assets	$ 90,823	$ 71,344
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,600	$ 18,500
Accrued liabilities	1,000	810
Notes payable, short term	270	270
Total current liabilities	20,870	19,580
Long-term liabilities:
Bonds payable	9,100	9,100
Total liabilities	29,970	28,680
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	56,253	38,064
Total stockholders' equity	60,853	42,664
Total liabilities and stockholders' equity	$ 90,823	$ 71,344

Weller Corporation
Comparative Income Statement and Reconciliation
(dollars in thousands)
	This Year	Last Year
Sales	$ 84,175	$ 64,000
Cost of goods sold	35,250	34,000
Gross margin	48,925	30,000
Selling and administrative expenses:
Selling expenses	10,800	10,800
Administrative expenses	6,500	6,000
Total selling and administrative expenses	17,300	16,800
Net operating income	31,625	13,200
Interest expense	910	910
Net income before taxes	30,715	12,290
Income taxes	12,286	4,916
Net income	18,429	7,374
Dividends to common stockholders	240	450
Net income added to retained earnings	18,189	6,924
Beginning retained earnings	38,064	31,140
Ending retained earnings	$ 56,253	$ 38,064

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.