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Comparative financial statements for Weller Corporation, a merchandising companyfor the year ending December 3 1 appear below. The company did not issue any new common

Comparative financial statements for Weller Corporation, a merchandising companyfor 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 $25. All of the company's sales are on account.Required : Compute the following financial data for this year Accounts receivable turnover. (Assume all sales are on account) Note: Round your answer to 2 decimal places. 2. Average collection period Note: Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimal places 3. Inventory turnover NoteRound your answer to 2 decimal places 4. Average sale period Note: Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimal places Operating cycle . Note: Round your intermediate calculations and final answer to 2 decimal places 6. Total asset turnover Note: Round your answer to 2 decimal places
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