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 $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	$	1,270		$	1,390
Accounts receivable, net		10,100			6,700
Inventory		12,600			11,600
Prepaid expenses		700			500
Total current assets		24,670			20,190
Property and equipment:
Land		10,700			10,700
Buildings and equipment, net		50,778			39,406
Total property and equipment		61,478			50,106
Total assets	$	86,148		$	70,296
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	20,000		$	18,500
Accrued liabilities		1,040			890
Notes payable, short term		280			280
Total current liabilities		21,320			19,670
Long-term liabilities:
Bonds payable		8,900			8,900
Total liabilities		30,220			28,570
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		51,328			37,126
Total stockholders' equity		55,928			41,726
Total liabilities and stockholders' equity	$	86,148		$	70,296

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	78,960		$	65,000
Cost of goods sold		36,300			37,000
Gross margin		42,660			28,000
Selling and administrative expenses:
Selling expenses		11,200			10,800
Administrative expenses		6,500			6,500
Total selling and administrative expenses		17,700			17,300
Net operating income		24,960			10,700
Interest expense		890			890
Net income before taxes		24,070			9,810
Income taxes		9,628			3,924
Net income		14,442			5,886
Dividends to common stockholders		240			300
Net income added to retained earnings		14,202			5,586
Beginning retained earnings		37,126			31,540
Ending retained earnings	$	51,328		$	37,126

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.)