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 $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	$ 1,200	$ 1,320
Accounts receivable, net	10,400	6,600
Inventory	12,600	12,600
Prepaid expenses	750	530
Total current assets	24,950	21,050
Property and equipment:
Land	9,900	9,900
Buildings and equipment, net	43,184	40,852
Total property and equipment	53,084	50,752
Total assets	$ 78,034	$ 71,802
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 20,100	$ 19,300
Accrued liabilities	910	830
Notes payable, short term	110	110
Total current liabilities	21,120	20,240
Long-term liabilities:
Bonds payable	8,300	8,300
Total liabilities	29,420	28,540
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	44,014	38,662
Total stockholders' equity	48,614	43,262
Total liabilities and stockholders' equity	$ 78,034	$ 71,802

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 70,000	$ 65,000
Cost of goods sold	42,000	34,000
Gross margin	28,000	31,000
Selling and administrative expenses:
Selling expenses	11,000	10,700
Administrative expenses	6,500	6,700
Total selling and administrative expenses	17,500	17,400
Net operating income	10,500	13,600
Interest expense	830	830
Net income before taxes	9,670	12,770
Income taxes	3,868	5,108
Net income	5,802	7,662
Dividends to common stockholders	450	240
Net income added to retained earnings	5,352	7,422
Beginning retained earnings	38,662	31,240
Ending retained earnings	$ 44,014	$ 38,662

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.)