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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 $26. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,130		$	1,260
Accounts receivable, net		9,400			7,400
Inventory		13,800			11,200
Prepaid expenses		620			510
Total current assets		24,950			20,370
Property and equipment:
Land		10,900			10,900
Buildings and equipment, net		43,050			38,894
Total property and equipment		53,950			49,794
Total assets	$	78,900		$	70,164
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,200		$	17,700
Accrued liabilities		1,100			800
Notes payable, short term		130			130
Total current liabilities		20,430			18,630
Long-term liabilities:
Bonds payable		9,600			9,600
Total liabilities		30,030			28,230
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		44,270			37,334
Total stockholders' equity		48,870			41,934
Total liabilities and stockholders' equity	$	78,900		$	70,164

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	73,920		$	65,000
Cost of goods sold		42,500			35,000
Gross margin		31,420			30,000
Selling and administrative expenses:
Selling expenses		11,500			10,600
Administrative expenses		7,000			6,700
Total selling and administrative expenses		18,500			17,300
Net operating income		12,920			12,700
Interest expense		960			960
Net income before taxes		11,960			11,740
Income taxes		4,784			4,696
Net income		7,176			7,044
Dividends to common stockholders		240			450
Net income added to retained earnings		6,936			6,594
Beginning retained earnings		37,334			30,740
Ending retained earnings	$	44,270		$	37,334

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.) 1. Accounts receivable turnover days 2. Average collection period 3. Inventory turnover 4. Average sale period 5. Operating cycle 6. Total asset turnover days days

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