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Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below The company did not issue any common stock

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Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below The company did not issue any 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 company's common stock at the end of this year was $23. All of the company's sales are on account. Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Land Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities Long-term liabilities: Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity \begin{tabular}{|c|c|c|c|} \hline \multicolumn{2}{|r|}{$1,130} & & $1,23 \\ \hline & 9,100 & & 7,200 \\ \hline & 13,300 & & 11,400 \\ \hline & 720 & 1 & 660 \\ \hline & 24,250 & & 20,490 \\ \hline & 9,600 & & 9,600 \\ \hline & 42,454 & & 36,862 \\ \hline & 52,054 & & 46,462 \\ \hline$ & 76,304 & $ & 66,952 \\ \hline & 5 & & \\ \hline 5 & 18,600 & $ & 17,400 \\ \hline & 1 , ese & & 860 \\ \hline & 280 & & 280 \\ \hline & 19,930 & & 18,54 \\ \hline & 8,800 & & 8,800 \\ \hline & 28,730 & & 27,340 \\ \hline & 600 & & 600 \\ \hline & 4,000 & & 4,000 \\ \hline & 4,600 & & 4,600 \\ \hline & 42,974 & & 35,012 \\ \hline & 47,574 & & 39,612 \\ \hline$ & 76,384 & $ & 66,952 \\ \hline \end{tabular} Required: Compute the following financial data and ratios for this year: 1. Working capital. Note: Enter your answer in thousands. 2. Current ratio. Note: Round your answer to 2 decimal places. 3. Acid-test ratio. Note: Round your answer to 2 decimal places

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