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 $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	$ 1,170	$ 1,340
Accounts receivable, net	9,700	7,400
Inventory	14,000	12,500
Prepaid expenses	710	620
Total current assets	25,580	21,860
Property and equipment:
Land	10,400	10,400
Buildings and equipment, net	38,833	35,224
Total property and equipment	49,233	45,624
Total assets	$ 74,813	$ 67,484
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,000	$ 18,100
Accrued liabilities	1,100	740
Notes payable, short term	120	120
Total current liabilities	20,220	18,960
Long-term liabilities:
Bonds payable	9,600	9,600
Total liabilities	29,820	28,560
Stockholders' equity:
Common stock	500	500
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,500	4,500
Retained earnings	40,493	34,424
Total stockholders' equity	44,993	38,924
Total liabilities and stockholders' equity	$ 74,813	$ 67,484

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 71,000	$ 64,000
Cost of goods sold	41,000	41,000
Gross margin	30,000	23,000
Selling and administrative expenses:
Selling expenses	11,400	10,700
Administrative expenses	6,900	6,200
Total selling and administrative expenses	18,300	16,900
Net operating income	11,700	6,100
Interest expense	960	960
Net income before taxes	10,740	5,140
Income taxes	4,296	2,056
Net income	6,444	3,084
Dividends to common stockholders	375	200
Net income added to retained earnings	6,069	2,884
Beginning retained earnings	34,424	31,540
Ending retained earnings	$ 40,493	$ 34,424

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