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 this year was $29. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,080		$	1,400
Accounts receivable, net		9,200			7,400
Inventory		12,800			10,900
Prepaid expenses		630			660
Total current assets		23,710			20,360
Property and equipment:
Land		9,800			9,800
Buildings and equipment, net		48,702			38,376
Total property and equipment		58,502			48,176
Total assets	$	82,212		$	68,536
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	20,400		$	17,800
Accrued liabilities		1,040			710
Notes payable, short term		210			210
Total current liabilities		21,650			18,720
Long-term liabilities:
Bonds payable		9,400			9,400
Total liabilities		31,050			28,120
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		46,562			35,816
Total stockholders' equity		51,162			40,416
Total liabilities and stockholders' equity	$	82,212		$	68,536

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	75,000		$	66,000
Cost of goods sold		37,000			40,000
Gross margin		38,000			26,000
Selling and administrative expenses:
Selling expenses		11,500			10,400
Administrative expenses		6,900			6,800
Total selling and administrative expenses		18,400			17,200
Net operating income		19,600			8,800
Interest expense		940			940
Net income before taxes		18,660			7,860
Income taxes		7,464			3,144
Net income		11,196			4,716
Dividends to common stockholders		450			240
Net income added to retained earnings		10,746			4,476
Beginning retained earnings		35,816			31,340
Ending retained earnings	$	46,562		$	35,816

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.)