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 $0.50. The market value of the companys common stock at the end of the 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	$	1,120		$	1,350
Accounts receivable, net		10,900			7,600
Inventory		13,100			11,700
Prepaid expenses		780			530
Total current assets		25,900			21,180
Property and equipment:
Land		9,100			9,100
Buildings and equipment, net		50,849			42,842
Total property and equipment		59,949			51,942
Total assets	$	85,849		$	73,122
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,100		$	19,200
Accrued liabilities		1,020			790
Notes payable, short term		120			120
Total current liabilities		20,240			20,110
Long-term liabilities:
Bonds payable		8,800			8,800
Total liabilities		29,040			28,910
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		52,209			39,612
Total stockholders' equity		56,809			44,212
Total liabilities and stockholders' equity	$	85,849		$	73,122

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	84,175		$	64,000
Cost of goods sold		43,400			32,000
Gross margin		40,775			32,000
Selling and administrative expenses:
Selling expenses		11,100			10,400
Administrative expenses		7,300			6,600
Total selling and administrative expenses		18,400			17,000
Net operating income		22,375			15,000
Interest expense		880			880
Net income before taxes		21,495			14,120
Income taxes		8,598			5,648
Net income		12,897			8,472
Dividends to common stockholders		300			300
Net income added to retained earnings		12,597			8,172
Beginning retained earnings		39,612			31,440
Ending retained earnings	$	52,209		$	39,612

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.)