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Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and
Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Land Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders" Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities \begin{tabular}{rr} $1,280 & $1,220 \\ 10,600 & 7,000 \\ 13,200 & 11,700 \\ 730 & 670 \\ \hline 25,810 & 20,590 \\ \hline 9,600 & 9,600 \\ 43,483 & 40,484 \\ \hline 53,083 & 50,084 \\ \hline$78,893 & $70,674 \\ \hline \hline \end{tabular} Long-term liabilities: Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity \begin{tabular}{rr} $18,600 & $17,600 \\ 1,080 & 800 \\ 290 & 290 \\ \hline 19,970 & 18,690 \end{tabular} Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) \begin{tabular}{rr} 8,600 & 8,600 \\ \hline 28,570 & 27,290 \\ \hline \end{tabular} 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.)
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