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Chapter 14 Graded Homework i 3 Saved You skipped this question in the previous attemp Weller Corporation Comparative Income Statement and Reconciliation (dollars in
Chapter 14 Graded Homework i 3 Saved You skipped this question in the previous attemp Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) 14.28 points 02:51:59 Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses Total selling and administrative expenses Net operating income. Interest expense Income taxes Skipped Net income before taxes eBook Net income Hint Net income added to retained earnings Print References Dividends to common stockholders Beginning retained earnings Ending retained earnings This Year Last Year $ 75,000 $ 65,000 39,000 36,000 36,000 29,000 11,100 11,000 6,900 6,700 17,700 11,300 850 850 17,150 10,450 6,860 4,180 10,290 6,270 375 200 18,000 18,000 9,915 37,210 $ 47,125 6,070 31,140 $ 37,210 Required: Compute the following financial data and ratios for this year: 1. Working capital. (Enter your answer in thousands.) 2. Current ratio. (Round your answer to 2 decimal places.) 3. Acid-test ratio. (Round your answer to 2 decimal places.) 1. Working capital 2 Current ratio 3. Acid-test ratio
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