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	$ 1,270	$ 1,210
Accounts receivable, net	10,500	7,500
Inventory	13,900	11,000
Prepaid expenses	730	570
Total current assets	26,400	20,280
Property and equipment:
Land	10,100	10,100
Buildings and equipment, net	48,117	42,686
Total property and equipment	58,217	52,786
Total assets	$ 84,617	$ 73,066
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,700	$ 19,100
Accrued liabilities	1,070	760
Notes payable, short term	270	270
Total current liabilities	21,040	20,130
Long-term liabilities:
Bonds payable	8,900	8,900
Total liabilities	29,940	29,030
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	50,077	39,436
Total stockholders' equity	54,677	44,036
Total liabilities and stockholders' equity	$ 84,617	$ 73,066

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 81,000	$ 65,000
Cost of goods sold	43,575	33,000
Gross margin	37,425	32,000
Selling and administrative expenses:
Selling expenses	11,500	10,400
Administrative expenses	6,900	6,800
Total selling and administrative expenses	18,400	17,200
Net operating income	19,025	14,800
Interest expense	890	890
Net income before taxes	18,135	13,910
Income taxes	7,254	5,564
Net income	10,881	8,346
Dividends to common stockholders	240	450
Net income added to retained earnings	10,641	7,896
Beginning retained earnings	39,436	31,540
Ending retained earnings	$ 50,077	$ 39,436

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.)