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Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31...

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Accounting

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 500,000 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 company's common stock at the end of this year was $26. All of the company's sales
are on account.
Required:
Compute the following financial data for this year:
Accounts receivable turnover. (Assume that all sales are on account.)(Round your onswer to 2 declmal pleces.)
2 Average collection period. (Use 365 days In a year. Round your Intermedlate calculations and final answer to 2 declmal places.)
Inventory turnover. (Round your answer to 2 declmol places.)
Average sale period. (Use 365 days In a year. Round your Intermedlate calculations and flnal answer to 2 declmal places.)
Operating cycle. (Round your Intermedlate calculations and final answer to 2 declmal ploces.)
Total asset turnover. (Round your answer to 2 declmal ploces.)
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