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 this year was $28. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,230	$ 1,410
Accounts receivable, net	10,400	6,800
Inventory	12,600	12,200
Prepaid expenses	790	600
Total current assets	25,020	21,010
Property and equipment:
Land	10,200	10,200
Buildings and equipment, net	46,307	38,266
Total property and equipment	56,507	48,466
Total assets	$ 81,527	$ 69,476
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,900	$ 18,100
Accrued liabilities	1,050	750
Notes payable, short term	240	240
Total current liabilities	21,190	19,090
Long-term liabilities:
Bonds payable	9,900	9,900
Total liabilities	31,090	28,990
Stockholders' equity:
Common stock	500	500
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,500	4,500
Retained earnings	45,937	35,986
Total stockholders' equity	50,437	40,486
Total liabilities and stockholders' equity	$ 81,527	$ 69,476

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 72,000	$ 65,000
Cost of goods sold	36,000	39,000
Gross margin	36,000	26,000
Selling and administrative expenses:
Selling expenses	11,000	10,300
Administrative expenses	6,800	6,800
Total selling and administrative expenses	17,800	17,100
Net operating income	18,200	8,900
Interest expense	990	990
Net income before taxes	17,210	7,910
Income taxes	6,884	3,164
Net income	10,326	4,746
Dividends to common stockholders	375	200
Net income added to retained earnings	9,951	4,546
Beginning retained earnings	35,986	31,440
Ending retained earnings	$ 45,937	$ 35,986

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.)