Comparative finbncial statements for Weller Corporation, a merchandising company for the year ending Deciember 31 appear below The company did not issue acy new common stock during the yose A total of 600,000 shases of common stock were outstanding The interent rase on the bond ployabie was 10K, the income tax, rate was 401, and the bivideod por shave of common spock was 5075 last are on account Required Compute the following financial data for this year 1 Accounts receivable turnover (Assume al sales are on account) Note Round your answer so 2 decimal places 2 Average ceflection purled Note Use 365 doys in a year Abund your intermediste calculations and final answer fo 2 decimal places 3 inventory tuinoves Notec Round your answer to 2 docimal places 4 Average sple peciod Note Use 365 days in a year Round your intermediate calculations and final answer to 2 decimal places 5 Operating cycle Note Round your intermediate caleutetions and final answer to 2 decimal piaces 6 Total asset burnowet Noter Round your answer to 2 decimal piaces

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Comparative finbncial statements for Weller Corporation, a merchandising company  for the year ending Deciember 31 appear below  The company did not issue acy new common stock during the yose  A total of 600,000 shases of common stock were outstanding  The interent rase on the bond ployabie was 10K, the income tax, rate was 401, and the bivideod por shave of common spock was 5075 last  are on account  Required  Compute the following financial data for this year  1 Accounts receivable turnover  (Assume al sales are on account) Note  Round your answer so 2 decimal places  2  Average ceflection purled  Note Use 365 doys in a year  Abund your intermediste calculations and final answer fo 2 decimal places  3  inventory tuinoves  Notec Round your answer to 2 docimal places  4  Average sple peciod  Note  Use 365 days in a year  Round your intermediate calculations and final answer to 2 decimal places  5  Operating cycle  Note  Round your intermediate caleutetions and final answer to 2 decimal piaces  6 Total asset burnowet  Noter Round your answer to 2 decimal piaces

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Comparative finbncial statements for Weller Corporation, a merchandising company. for the year ending Deciember 31 appear below.

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Fundamental Accounting Principles

Comparative finbncial statements for Weller Corporation, a merchandising company. for the year ending Deciember 31 appear below.

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Fundamental Accounting Principles

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