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 600,000 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 the year was $24. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,130		$	1,260
Accounts receivable, net		10,300			7,500
Inventory		12,100			11,500
Prepaid expenses		680			640
Total current assets		24,210			20,900
Property and equipment:
Land		10,600			10,600
Buildings and equipment, net		44,354			40,832
Total property and equipment		54,954			51,432
Total assets	$	79,164		$	72,332
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,900		$	19,100
Accrued liabilities		920			780
Notes payable, short term		120			120
Total current liabilities		20,940			20,000
Long-term liabilities:
Bonds payable		9,800			9,800
Total liabilities		30,740			29,800
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		43,824			37,932
Total stockholders' equity		48,424			42,532
Total liabilities and stockholders' equity	$	79,164		$	72,332

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	68,000		$	66,000
Cost of goods sold		39,000			37,000
Gross margin		29,000			29,000
Selling and administrative expenses:
Selling expenses		11,200			10,300
Administrative expenses		6,500			6,400
Total selling and administrative expenses		17,700			16,700
Net operating income		11,300			12,300
Interest expense		980			980
Net income before taxes		10,320			11,320
Income taxes		4,128			4,528
Net income		6,192			6,792
Dividends to common stockholders		300			300
Net income added to retained earnings		5,892			6,492
Beginning retained earnings		37,932			31,440
Ending retained earnings	$	43,824		$	37,932

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.)