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 $21. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,120	$ 1,270
Accounts receivable, net	9,800	6,700
Inventory	12,100	11,800
Prepaid expenses	760	560
Total current assets	23,780	20,330
Property and equipment:
Land	10,500	10,500
Buildings and equipment, net	42,411	38,664
Total property and equipment	52,911	49,164
Total assets	$ 76,691	$ 69,494
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,300	$ 18,200
Accrued liabilities	990	820
Notes payable, short term	290	290
Total current liabilities	20,580	19,310
Long-term liabilities:
Bonds payable	9,100	9,100
Total liabilities	29,680	28,410
Stockholders' equity:
Common stock	700	700
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,700	4,700
Retained earnings	42,311	36,384
Total stockholders' equity	47,011	41,084
Total liabilities and stockholders' equity	$ 76,691	$ 69,494

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 71,775	$ 66,000
Cost of goods sold	43,020	38,000
Gross margin	28,755	28,000
Selling and administrative expenses:
Selling expenses	10,700	10,400
Administrative expenses	6,800	6,700
Total selling and administrative expenses	17,500	17,100
Net operating income	11,255	10,900
Interest expense	910	910
Net income before taxes	10,345	9,990
Income taxes	4,138	3,996
Net income	6,207	5,994
Dividends to common stockholders	280	350
Net income added to retained earnings	5,927	5,644
Beginning retained earnings	36,384	30,740
Ending retained earnings	$ 42,311	$ 36,384

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.)