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 $22. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,170	$ 1,410
Accounts receivable, net	10,700	7,900
Inventory	13,300	11,900
Prepaid expenses	710	580
Total current assets	25,880	21,790
Property and equipment:
Land	10,700	10,700
Buildings and equipment, net	52,400	36,890
Total property and equipment	63,100	47,590
Total assets	$ 88,980	$ 69,380
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 20,000	$ 19,000
Accrued liabilities	920	820
Notes payable, short term	240	240
Total current liabilities	21,160	20,060
Long-term liabilities:
Bonds payable	9,500	9,500
Total liabilities	30,660	29,560
Stockholders' equity:
Common stock	700	700
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,700	4,700
Retained earnings	53,620	35,120
Total stockholders' equity	58,320	39,820
Total liabilities and stockholders' equity	$ 88,980	$ 69,380

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 84,630	$ 64,000
Cost of goods sold	35,280	38,000
Gross margin	49,350	26,000
Selling and administrative expenses:
Selling expenses	10,500	10,300
Administrative expenses	6,600	6,700
Total selling and administrative expenses	17,100	17,000
Net operating income	32,250	9,000
Interest expense	950	950
Net income before taxes	31,300	8,050
Income taxes	12,520	3,220
Net income	18,780	4,830
Dividends to common stockholders	280	350
Net income added to retained earnings	18,500	4,480
Beginning retained earnings	35,120	30,640
Ending retained earnings	$ 53,620	$ 35,120

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.)