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 company's common stock at the end of this year was $24. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) Assets This Year Last Year Current assets : Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Land Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities \begin{tabular}{rr} $1,210 & $1,350 \\ 9,700 & 7,900 \\ 12,800 & 10,900 \\ 720 & 500 \\ \hline 24,430 & 20,650 \\ \hline & \\ 9,800 & 9,800 \\ 53,288 & 39,354 \\ \hline 63,088 & 49,154 \\ \hline$87,518 & $69,804 \\ \hline \end{tabular} Long-term liabilities: Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity \begin{tabular}{rr} $20,300 & $17,600 \\ 1,010 & 780 \\ 190 & 190 \\ \hline 21,500 & 18,570 \\ 8,100 & 8,100 \\ \hline 29,600 & 26,670 \\ \hline & \\ 600 & 600 \\ 4,000 & 4,000 \\ \hline 4,600 & 4,600 \\ 53,318 & 38,534 \\ \hline 57,918 & 43,134 \\ \hline$87,518 & $69,804 \\ \hline \end{tabular} 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.)