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 $20. 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	$ 1,400
Accounts receivable, net	9,400	7,800
Inventory	12,300	11,500
Prepaid expenses	670	570
Total current assets	23,600	21,270
Property and equipment:
Land	10,400	10,400
Buildings and equipment, net	45,200	36,088
Total property and equipment	55,600	46,488
Total assets	$ 79,200	$ 67,758
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,800	$ 18,200
Accrued liabilities	1,050	730
Notes payable, short term	190	190
Total current liabilities	21,040	19,120
Long-term liabilities:
Bonds payable	8,200	8,200
Total liabilities	29,240	27,320
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	45,360	35,838
Total stockholders' equity	49,960	40,438
Total liabilities and stockholders' equity	$ 79,200	$ 67,758

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 73,960	$ 65,000
Cost of goods sold	39,270	38,000
Gross margin	34,690	27,000
Selling and administrative expenses:
Selling expenses	10,500	10,800
Administrative expenses	7,100	6,800
Total selling and administrative expenses	17,600	17,600
Net operating income	17,090	9,400
Interest expense	820	820
Net income before taxes	16,270	8,580
Income taxes	6,508	3,432
Net income	9,762	5,148
Dividends to common stockholders	240	450
Net income added to retained earnings	9,522	4,698
Beginning retained earnings	35,838	31,140
Ending retained earnings	$ 45,360	$ 35,838

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.)