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 700,000 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 $28. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,180	$ 1,350
Accounts receivable, net	9,800	7,800
Inventory	12,200	12,100
Prepaid expenses	790	510
Total current assets	23,970	21,760
Property and equipment:
Land	9,200	9,200
Buildings and equipment, net	47,070	38,068
Total property and equipment	56,270	47,268
Total assets	$ 80,240	$ 69,028
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 18,700	$ 19,000
Accrued liabilities	950	780
Notes payable, short term	140	140
Total current liabilities	19,790	19,920
Long-term liabilities:
Bonds payable	8,200	8,200
Total liabilities	27,990	28,120
Stockholders' equity:
Common stock	700	700
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,700	4,700
Retained earnings	47,550	36,208
Total stockholders' equity	52,250	40,908
Total liabilities and stockholders' equity	$ 80,240	$ 69,028

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 79,200	$ 65,000
Cost of goods sold	41,310	37,000
Gross margin	37,890	28,000
Selling and administrative expenses:
Selling expenses	10,700	10,900
Administrative expenses	7,000	6,500
Total selling and administrative expenses	17,700	17,400
Net operating income	20,190	10,600
Interest expense	820	820
Net income before taxes	19,370	9,780
Income taxes	7,748	3,912
Net income	11,622	5,868
Dividends to common stockholders	280	700
Net income added to retained earnings	11,342	5,168
Beginning retained earnings	36,208	31,040
Ending retained earnings	$ 47,550	$ 36,208

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.)