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 600,000 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 $29. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,150	$ 1,250
Accounts receivable, net	9,500	6,500
Inventory	12,300	11,600
Prepaid expenses	680	690
Total current assets	23,630	20,040
Property and equipment:
Land	9,600	9,600
Buildings and equipment, net	45,912	41,426
Total property and equipment	55,512	51,026
Total assets	$ 79,142	$ 71,066
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,900	$ 18,000
Accrued liabilities	1,100	900
Notes payable, short term	220	220
Total current liabilities	21,220	19,120
Long-term liabilities:
Bonds payable	9,900	9,900
Total liabilities	31,120	29,020
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	43,422	37,446
Total stockholders' equity	48,022	42,046
Total liabilities and stockholders' equity	$ 79,142	$ 71,066

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 71,000	$ 66,000
Cost of goods sold	41,000	38,000
Gross margin	30,000	28,000
Selling and administrative expenses:
Selling expenses	11,100	10,400
Administrative expenses	7,200	6,200
Total selling and administrative expenses	18,300	16,600
Net operating income	11,700	11,400
Interest expense	990	990
Net income before taxes	10,710	10,410
Income taxes	4,284	4,164
Net income	6,426	6,246
Dividends to common stockholders	450	240
Net income added to retained earnings	5,976	6,006
Beginning retained earnings	37,446	31,440
Ending retained earnings	$ 43,422	$ 37,446

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