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 $22. 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	$ 1,290
Accounts receivable, net	9,500	7,700
Inventory	13,500	10,900
Prepaid expenses	620	570
Total current assets	24,890	20,460
Property and equipment:
Land	9,100	9,100
Buildings and equipment, net	44,538	36,754
Total property and equipment	53,638	45,854
Total assets	$ 78,528	$ 66,314
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 18,900	$ 17,600
Accrued liabilities	910	790
Notes payable, short term	120	120
Total current liabilities	19,930	18,510
Long-term liabilities:
Bonds payable	9,100	9,100
Total liabilities	29,030	27,610
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	44,898	34,104
Total stockholders' equity	49,498	38,704
Total liabilities and stockholders' equity	$ 78,528	$ 66,314

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 73,100	$ 65,000
Cost of goods sold	36,600	41,000
Gross margin	36,500	24,000
Selling and administrative expenses:
Selling expenses	10,700	10,100
Administrative expenses	6,500	6,800
Total selling and administrative expenses	17,200	16,900
Net operating income	19,300	7,100
Interest expense	910	910
Net income before taxes	18,390	6,190
Income taxes	7,356	2,476
Net income	11,034	3,714
Dividends to common stockholders	240	450
Net income added to retained earnings	10,794	3,264
Beginning retained earnings	34,104	30,840
Ending retained earnings	$ 44,898	$ 34,104

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.)