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 the 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	$	1,120		$	1,320
Accounts receivable, net		9,300			7,400
Inventory		12,200			11,000
Prepaid expenses		700			600
Total current assets		23,320			20,320
Property and equipment:
Land		9,300			9,300
Buildings and equipment, net		48,248			41,664
Total property and equipment		57,548			50,964
Total assets	$	80,868		$	71,284
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,900		$	18,700
Accrued liabilities		1,010			890
Notes payable, short term		270			270
Total current liabilities		21,180			19,860
Long-term liabilities:
Bonds payable		8,100			8,100
Total liabilities		29,280			27,960
Stockholders' equity:
Common stock		500			500
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,500			4,500
Retained earnings		47,088			38,824
Total stockholders' equity		51,588			43,324
Total liabilities and stockholders' equity	$	80,868		$	71,284

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	74,000		$	64,000
Cost of goods sold		42,000			32,000
Gross margin		32,000			32,000
Selling and administrative expenses:
Selling expenses		10,600			10,400
Administrative expenses		6,400			6,900
Total selling and administrative expenses		17,000			17,300
Net operating income		15,000			14,700
Interest expense		810			810
Net income before taxes		14,190			13,890
Income taxes		5,676			5,556
Net income		8,514			8,334
Dividends to common stockholders		250			250
Net income added to retained earnings		8,264			8,084
Beginning retained earnings		38,824			30,740
Ending retained earnings	$	47,088		$	38,824

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.)