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 500,000 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 $28. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,280	$ 1,320
Accounts receivable, net	10,800	7,100
Inventory	12,400	10,600
Prepaid expenses	680	500
Total current assets	25,160	19,520
Property and equipment:
Land	10,200	10,200
Buildings and equipment, net	52,546	41,978
Total property and equipment	62,746	52,178
Total assets	$ 87,906	$ 71,698
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,000	$ 18,300
Accrued liabilities	1,090	760
Notes payable, short term	190	190
Total current liabilities	20,280	19,250
Long-term liabilities:
Bonds payable	9,700	9,700
Total liabilities	29,980	28,950
Stockholders' equity:
Common stock	500	500
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,500	4,500
Retained earnings	53,426	38,248
Total stockholders' equity	57,926	42,748
Total liabilities and stockholders' equity	$ 87,906	$ 71,698

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 80,550	$ 65,000
Cost of goods sold	35,650	35,000
Gross margin	44,900	30,000
Selling and administrative expenses:
Selling expenses	11,400	10,400
Administrative expenses	6,900	6,700
Total selling and administrative expenses	18,300	17,100
Net operating income	26,600	12,900
Interest expense	970	970
Net income before taxes	25,630	11,930
Income taxes	10,252	4,772
Net income	15,378	7,158
Dividends to common stockholders	200	250
Net income added to retained earnings	15,178	6,908
Beginning retained earnings	38,248	31,340
Ending retained earnings	$ 53,426	$ 38,248

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.