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 $26. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,190	$ 1,220
Accounts receivable, net	10,000	7,100
Inventory	14,000	11,100
Prepaid expenses	620	530
Total current assets	25,810	19,950
Property and equipment:
Land	10,100	10,100
Buildings and equipment, net	42,151	36,850
Total property and equipment	52,251	46,950
Total assets	$ 78,061	$ 66,900
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 20,200	$ 18,900
Accrued liabilities	960	870
Notes payable, short term	190	190
Total current liabilities	21,350	19,960
Long-term liabilities:
Bonds payable	8,500	8,500
Total liabilities	29,850	28,460
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	43,611	33,840
Total stockholders' equity	48,211	38,440
Total liabilities and stockholders' equity	$ 78,061	$ 66,900

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 76,095	$ 65,000
Cost of goods sold	40,160	42,000
Gross margin	35,935	23,000
Selling and administrative expenses:
Selling expenses	11,500	10,500
Administrative expenses	6,900	6,400
Total selling and administrative expenses	18,400	16,900
Net operating income	17,535	6,100
Interest expense	850	850
Net income before taxes	16,685	5,250
Income taxes	6,674	2,100
Net income	10,011	3,150
Dividends to common stockholders	240	450
Net income added to retained earnings	9,771	2,700
Beginning retained earnings	33,840	31,140
Ending retained earnings	$ 43,611	$ 33,840

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.)