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	$	1,160		$	1,400
Accounts receivable, net		9,100			8,300
Inventory		12,700			12,100
Prepaid expenses		770			640
Total current assets		23,730			22,440
Property and equipment:
Land		10,200			10,200
Buildings and equipment, net		46,692			40,620
Total property and equipment		56,892			50,820
Total assets	$	80,622		$	73,260
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	18,600		$	18,900
Accrued liabilities		1,010			820
Notes payable, short term		290			290
Total current liabilities		19,900			20,010
Long-term liabilities:
Bonds payable		10,000			10,000
Total liabilities		29,900			30,010
Stockholders' equity:
Common stock		700			700
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,700			4,700
Retained earnings		46,022			38,550
Total stockholders' equity		50,722			43,250
Total liabilities and stockholders' equity	$	80,622		$	73,260

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	74,820		$	64,000
Cost of goods sold		43,400			33,000
Gross margin		31,420			31,000
Selling and administrative expenses:
Selling expenses		11,000			10,100
Administrative expenses		6,500			6,300
Total selling and administrative expenses		17,500			16,400
Net operating income		13,920			14,600
Interest expense		1,000			1,000
Net income before taxes		12,920			13,600
Income taxes		5,168			5,440
Net income		7,752			8,160
Dividends to common stockholders		280			350
Net income added to retained earnings		7,472			7,810
Beginning retained earnings		38,550			30,740
Ending retained earnings	$	46,022		$	38,550

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.)