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 $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	$	1,130		$	1,360
Accounts receivable, net		10,600			8,500
Inventory		13,100			12,100
Prepaid expenses		610			530
Total current assets		25,440			22,490
Property and equipment:
Land		10,100			10,100
Buildings and equipment, net		44,020			39,765
Total property and equipment		54,120			49,865
Total assets	$	79,560		$	72,355
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	18,500		$	17,900
Accrued liabilities		1,090			860
Notes payable, short term		260			260
Total current liabilities		19,850			19,020
Long-term liabilities:
Bonds payable		10,000			10,000
Total liabilities		29,850			29,020
Stockholders' equity:
Common stock		700			700
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,700			4,700
Retained earnings		45,010			38,635
Total stockholders' equity		49,710			43,335
Total liabilities and stockholders' equity	$	79,560		$	72,355

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	67,000		$	64,000
Cost of goods sold		37,000			32,000
Gross margin		30,000			32,000
Selling and administrative expenses:
Selling expenses		10,800			10,500
Administrative expenses		6,700			6,300
Total selling and administrative expenses		17,500			16,800
Net operating income		12,500			15,200
Interest expense		1,000			1,000
Net income before taxes		11,500			14,200
Income taxes		4,600			5,680
Net income		6,900			8,520
Dividends to common stockholders		525			525
Net income added to retained earnings		6,375			7,995
Beginning retained earnings		38,635			30,640
Ending retained earnings	$	45,010		$	38,635

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.)