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 bonds, which were sold at their face value, was 10%. The income tax rate was 40% and the dividend per share of common stock was $0.40 this year. The market value of the companys common stock at the end of the year was $25. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,210		$	1,290
Accounts receivable, net		9,100			8,300
Inventory		12,500			11,200
Prepaid expenses		740			690
Total current assets		23,550			21,480
Property and equipment:
Land		10,200			10,200
Buildings and equipment, net		48,059			37,684
Total property and equipment		58,259			47,884
Total assets	$	81,809		$	69,364
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,800		$	17,700
Accrued liabilities		1,040			880
Notes payable, short term		190			190
Total current liabilities		21,030			18,770
Long-term liabilities:
Bonds payable		9,100			9,100
Total liabilities		30,130			27,870
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		47,079			36,894
Total stockholders' equity		51,679			41,494
Total liabilities and stockholders' equity	$	81,809		$	69,364

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	75,690		$	64,000
Cost of goods sold		39,105			36,000
Gross margin		36,585			28,000
Selling and administrative expenses:
Selling expenses		11,500			10,000
Administrative expenses		6,800			6,000
Total selling and administrative expenses		18,300			16,000
Net operating income		18,285			12,000
Interest expense		910			910
Net income before taxes		17,375			11,090
Income taxes		6,950			4,436
Net income		10,425			6,654
Dividends to common stockholders		240			600
Net income added to retained earnings		10,185			6,054
Beginning retained earnings		36,894			30,840
Ending retained earnings	$	47,079		$	36,894

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.)

Total asset turnover. (Round your answer to 2 decimal places.)