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 700,000 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 $26. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,210		$	1,290
Accounts receivable, net		10,600			8,100
Inventory		12,300			11,100
Prepaid expenses		700			570
Total current assets		24,810			21,060
Property and equipment:
Land		9,600			9,600
Buildings and equipment, net		47,254			39,552
Total property and equipment		56,854			49,152
Total assets	$	81,664		$	70,212
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,100		$	17,500
Accrued liabilities		950			720
Notes payable, short term		190			190
Total current liabilities		20,240			18,410
Long-term liabilities:
Bonds payable		8,800			8,800
Total liabilities		29,040			27,210
Stockholders' equity:
Common stock		700			700
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,700			4,700
Retained earnings		47,924			38,302
Total stockholders' equity		52,624			43,002
Total liabilities and stockholders' equity	$	81,664		$	70,212

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	75,000		$	65,000
Cost of goods sold		39,000			35,000
Gross margin		36,000			30,000
Selling and administrative expenses:
Selling expenses		11,300			10,200
Administrative expenses		7,200			6,400
Total selling and administrative expenses		18,500			16,600
Net operating income		17,500			13,400
Interest expense		880			880
Net income before taxes		16,620			12,520
Income taxes		6,648			5,008
Net income		9,972			7,512
Dividends to common stockholders		350			350
Net income added to retained earnings		9,622			7,162
Beginning retained earnings		38,302			31,140
Ending retained earnings	$	47,924		$	38,302

Required:

Compute the following financial data and ratios for this year:

1. Working capital. (Enter answer in thousands.)

2. Current ratio. (Round your answer to 2 decimal places.)

3. Acid-test ratio. (Round your answer to 2 decimal places.)