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1 6 . 3 Required: Compute the following financial data and ratios for this year: Working capital. Note: Enter your answer in thousands. Current ratio.

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16.3
Required:
Compute the following financial data and ratios for this year:
Working capital.
Note: Enter your answer in thousands.
Current ratio.
Note: Round your answer to 2 decimal places.
Acid-test ratio.
Note: Round your answer to 2 decimal places.
Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any common stock during the year. A total of 700,000 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.
This Year Last Year
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