Comparative financial statements for Weller Corporation, a merchandising company, for 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 companys common stock at the end of this year was $24. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,240	$ 1,230
Accounts receivable, net	9,300	7,800
Inventory	13,200	10,700
Prepaid expenses	630	640
Total current assets	24,370	20,370
Property and equipment:
Land	10,000	10,000
Buildings and equipment, net	49,579	35,922
Total property and equipment	59,579	45,922
Total assets	$ 83,949	$ 66,292
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,800	$ 17,400
Accrued liabilities	1,040	720
Notes payable, short term	130	130
Total current liabilities	20,970	18,250
Long-term liabilities:
Bonds payable	9,300	9,300
Total liabilities	30,270	27,550
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	49,079	34,142
Total stockholders' equity	53,679	38,742
Total liabilities and stockholders' equity	$ 83,949	$ 66,292

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 80,370	$ 65,000
Cost of goods sold	37,045	41,000
Gross margin	43,325	24,000
Selling and administrative expenses:
Selling expenses	10,600	10,100
Administrative expenses	6,500	6,800
Total selling and administrative expenses	17,100	16,900
Net operating income	26,225	7,100
Interest expense	930	930
Net income before taxes	25,295	6,170
Income taxes	10,118	2,468
Net income	15,177	3,702
Dividends to common stockholders	240	600
Net income added to retained earnings	14,937	3,102
Beginning retained earnings	34,142	31,040
Ending retained earnings	$ 49,079	$ 34,142

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.)