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 $0.75. The market value of the companys common stock at the end of the year was $24. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,210		$	1,320
Accounts receivable, net		9,600			7,800
Inventory		13,500			10,900
Prepaid expenses		710			580
Total current assets		25,020			20,600
Property and equipment:
Land		10,500			10,500
Buildings and equipment, net		44,540			37,862
Total property and equipment		55,040			48,362
Total assets	$	80,060		$	68,962
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	18,600		$	19,100
Accrued liabilities		990			810
Notes payable, short term		100			100
Total current liabilities		19,690			20,010
Long-term liabilities:
Bonds payable		9,300			9,300
Total liabilities		28,990			29,310
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		46,470			35,052
Total stockholders' equity		51,070			39,652
Total liabilities and stockholders' equity	$	80,060		$	68,962

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	79,170		$	65,000
Cost of goods sold		40,260			40,000
Gross margin		38,910			25,000
Selling and administrative expenses:
Selling expenses		11,200			11,000
Administrative expenses		7,000			6,300
Total selling and administrative expenses		18,200			17,300
Net operating income		20,710			7,700
Interest expense		930			930
Net income before taxes		19,780			6,770
Income taxes		7,912			2,708
Net income		11,868			4,062
Dividends to common stockholders		450			450
Net income added to retained earnings		11,418			3,612
Beginning retained earnings		35,052			31,440
Ending retained earnings	$	46,470		$	35,052

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.)