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 500,000 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 $22. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,150		$	1,330
Accounts receivable, net		10,800			8,300
Inventory		12,900			12,500
Prepaid expenses		600			610
Total current assets		25,450			22,740
Property and equipment:
Land		9,900			9,900
Buildings and equipment, net		45,318			38,549
Total property and equipment		55,218			48,449
Total assets	$	80,668		$	71,189
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	18,700		$	18,200
Accrued liabilities		1,080			750
Notes payable, short term		230			230
Total current liabilities		20,010			19,180
Long-term liabilities:
Bonds payable		9,600			9,600
Total liabilities		29,610			28,780
Stockholders' equity:
Common stock		500			500
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,500			4,500
Retained earnings		46,558			37,909
Total stockholders' equity		51,058			42,409
Total liabilities and stockholders' equity	$	80,668		$	71,189

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	70,000		$	65,000
Cost of goods sold		37,000			35,000
Gross margin		33,000			30,000
Selling and administrative expenses:
Selling expenses		10,600			10,300
Administrative expenses		6,400			6,500
Total selling and administrative expenses		17,000			16,800
Net operating income		16,000			13,200
Interest expense		960			960
Net income before taxes		15,040			12,240
Income taxes		6,016			4,896
Net income		9,024			7,344
Dividends to common stockholders		375			375
Net income added to retained earnings		8,649			6,969
Beginning retained earnings		37,909			30,940
Ending retained earnings	$	46,558		$	37,909

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.)