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

	Year 2			Year 1
Current assets:
Cash	$	168		$	100
Accounts receivable, net		198			198
Inventory		148			138
Prepaid expenses		98			98
Total current assets	$	612		$	534
Current liabilities:
Accounts payable	$	208		$	188
Accrued liabilities		38			38
Notes payable, short term		98			88
Total current liabilities	$	344		$	314

Sales on account during the year totaled $1,240 thousand. Cost of goods sold was $840 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.)