Excerpts from Candle Corporation's most recent balance sheet (in thousands of dollars) appear below:

	Year 2	Year 1
Current assets:
Cash	$ 198	$ 100
Accounts receivable, net	228	228
Inventory	178	168
Prepaid expenses	128	128
Total current assets	$ 732	$ 624
Current liabilities:
Accounts payable	$ 238	$ 218
Accrued liabilities	68	68
Notes payable, short term	128	118
Total current liabilities	$ 434	$ 404

Sales on account during the year totaled $1,390 thousand. Cost of goods sold was $990 thousand.

Required:

Compute the following for Year 2:

a. Working capital. (Enter your answer in thousands of dollars, i.e., 100,000 should be entered as 100.)

b. Current ratio. (Round your answer to 2 decimal places.)

c. Acid-test (quick) ratio. (Round your answer to 2 decimal places.)

d. Accounts receivable turnover. (Round your answer to 2 decimal places.)

e. Average collection period. (Use 365 days in a year. Round your intermediate calculations to 2 decimals places and your final answer to 1 decimal place.)

f. Inventory turnover. (Round your answer to 2 decimal places.)

g. Average sale period. (Use 365 days in a year. Round your intermediate calculations to 2 decimals places and your final answer to 1 decimal place.)