Sales Cost of goods sold Gross margin 20 TULAL SLUCKITO LETS equity Total liabilities and stockholders'...

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Sales Cost of goods sold Gross margin 20 TULAL SLUCKITO LETS equity Total liabilities and stockholders' equity Weller Corporation 45,555 30,022 $ 72,959 $ 67,182 Comparative Income Statement and Reconciliation This Year Last Year $ 64,000 (dollars in thousands) $ 74,520 47,545 40,000 26,975 24,000 pints 03:07:27 Selling and administrative expenses: Selling expenses Administrative expenses Net operating income 10,700 10,200 7,200 6,700 Total selling and administrative expenses 17,900 16,900 9,075 7,100 Interest expense 880 880 eBook Net income before taxes 8,195 6,220 3,278 2,488 References Net income 4,917 3,732 200 250 4,717 3,482 34,122 30,640 $ 38,839 $ 34,122 Income taxes Dividends to common stockholders Net income added to retained earnings Beginning retained earnings Ending retained earnings 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.) Sales Cost of goods sold Gross margin 20 TULAL SLUCKITO LETS equity Total liabilities and stockholders' equity Weller Corporation 45,555 30,022 $ 72,959 $ 67,182 Comparative Income Statement and Reconciliation This Year Last Year $ 64,000 (dollars in thousands) $ 74,520 47,545 40,000 26,975 24,000 pints 03:07:27 Selling and administrative expenses: Selling expenses Administrative expenses Net operating income 10,700 10,200 7,200 6,700 Total selling and administrative expenses 17,900 16,900 9,075 7,100 Interest expense 880 880 eBook Net income before taxes 8,195 6,220 3,278 2,488 References Net income 4,917 3,732 200 250 4,717 3,482 34,122 30,640 $ 38,839 $ 34,122 Income taxes Dividends to common stockholders Net income added to retained earnings Beginning retained earnings Ending retained earnings 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.)