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 $23. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,100	$ 1,340
Accounts receivable, net	9,500	8,200
Inventory	12,600	10,600
Prepaid expenses	720	520
Total current assets	23,920	20,660
Property and equipment:
Land	10,000	10,000
Buildings and equipment, net	45,144	36,812
Total property and equipment	55,144	46,812
Total assets	$ 79,064	$ 67,472
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,300	$ 18,600
Accrued liabilities	1,020	820
Notes payable, short term	170	170
Total current liabilities	20,490	19,590
Long-term liabilities:
Bonds payable	8,300	8,300
Total liabilities	28,790	27,890
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	45,674	34,982
Total stockholders' equity	50,274	39,582
Total liabilities and stockholders' equity	$ 79,064	$ 67,472

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 73,000	$ 65,000
Cost of goods sold	36,000	40,000
Gross margin	37,000	25,000
Selling and administrative expenses:
Selling expenses	10,500	10,600
Administrative expenses	7,100	6,100
Total selling and administrative expenses	17,600	16,700
Net operating income	19,400	8,300
Interest expense	830	830
Net income before taxes	18,570	7,470
Income taxes	7,428	2,988
Net income	11,142	4,482
Dividends to common stockholders	450	240
Net income added to retained earnings	10,692	4,242
Beginning retained earnings	34,982	30,740
Ending retained earnings	$ 45,674	$ 34,982

Required:

Compute the following financial data and ratios for this year:

1. Working capital
2. Current ratio
3. Acid-test ratio