Comparative financial statements for Weller Corporation, a merchandising company, for the fiscal 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 $1.00 last year and $0.65 this year. The market value of the companys common stock at the end of the year was $30. All of the companys sales are on account.

3. Inventory turnover.(Round your answer to 2 decimal places.) nventory turnover 4. Average sale period. (Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimal places.) Average sale period days Required Compute the following financial data for this year: 5. Operating cycle. (Round your intermediate calculations and final answer to 2 decimal places.) 1. Accounts receivable turnover. (Assume that all sales are on account.) (Round your answer to 2 decimal places.) perating cycle days nts receivable urnover 2. Average collection period. (Use 365 days in a year. Round your intermediate 6. Total asset turnover. (Round your answer to 2 decimal places.) calculations and final answer to 2 decimal places.) Total asset turnover Average collection da eri