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 $29. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,260	$ 1,260
Accounts receivable, net	9,000	7,600
Inventory	12,200	11,400
Prepaid expenses	610	670
Total current assets	23,070	20,930
Property and equipment:
Land	9,100	9,100
Buildings and equipment, net	46,646	36,652
Total property and equipment	55,746	45,752
Total assets	$ 78,816	$ 66,682
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,200	$ 17,700
Accrued liabilities	980	840
Notes payable, short term	110	110
Total current liabilities	20,290	18,650
Long-term liabilities:
Bonds payable	8,300	8,300
Total liabilities	28,590	26,950
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	45,626	35,132
Total stockholders' equity	50,226	39,732
Total liabilities and stockholders' equity	$ 78,816	$ 66,682

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 78,020	$ 65,000
Cost of goods sold	41,300	40,000
Gross margin	36,720	25,000
Selling and administrative expenses:
Selling expenses	11,400	10,300
Administrative expenses	6,600	6,800
Total selling and administrative expenses	18,000	17,100
Net operating income	18,720	7,900
Interest expense	830	830
Net income before taxes	17,890	7,070
Income taxes	7,156	2,828
Net income	10,734	4,242
Dividends to common stockholders	240	450
Net income added to retained earnings	10,494	3,792
Beginning retained earnings	35,132	31,340
Ending retained earnings	$ 45,626	$ 35,132

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.)