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Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 3 1 appear below. The company did not issue any new

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 company's common stock at the end of this year was $27. All of the company"s sales are on account.
Required:
Compute the following financlal data for thls year.
Accounts recelvable 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.)
Inventory turnover. (Round your answer to 2 decimal places.)
Average sale perlod. (Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimal places.)
Operating cycle. (Round your intermedlate calculations and final answer to 2 decimal places.)
Total asset turnover. (Round your answer to 2 decimal places.)
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