Comparabive financial statements for Weller Corporation, a menchandising company, for the year ending December $31$ appear below.

The company did not issue any new common stock during the yeat. A total of $500,000$ shares of common stock were outstanding. The

interest rate on the bond payable was $90\%,$ the income tax rate was $40\%,$ and the dividend per share of common stock was $$0\mathrm{.}75$ tast

year and $$0\mathrm{.}40$ this year. The market value of the company's common stock at the end of this year was $$25.$ All of the company's sales

are on account.

velter Corsoration

Cosparative Incose Statesent and Reconciliation

Total stockholders' equity

Total tiabitities and steckholders" equity.

$5$

points

sipped

Sales

Cost of goods sold

Cross margin

Selling and adninistrative expenses:

Selting expenses

Adeinistrative expenses

Totat setting and adoinistrative expenses.

Met operating incese

Interest expense

Net incoe before taxes

fincose taxes

Net incone

bividends to consen steckholders

Net incose added to retained earnings

Beginning retained earnings

Ending retained earnings

Weller Corporation

Incose Statement and Reconciliation

$($detiars in theusands$)$

This Year Last Year.

$$67,$ eat $$65,$ e$0$e

Required:

Compute the following financial data and ratios for this year:

Working capital. $($Enter your answer in thousands.$)$

Current ratio. $($hound your answer to $2$ decimal places.$)$

Acid$-$test ratio. $($fhound your answer to $2$ decinat places.$)$