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 $24. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,130		$	1,210
Accounts receivable, net		10,100			8,200
Inventory		13,700			10,700
Prepaid expenses		690			640
Total current assets		25,620			20,750
Property and equipment:
Land		9,800			9,800
Buildings and equipment, net		48,116			41,858
Total property and equipment		57,916			51,658
Total assets	$	83,536		$	72,408
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,500		$	18,000
Accrued liabilities		1,090			800
Notes payable, short term		190			190
Total current liabilities		20,780			18,990
Long-term liabilities:
Bonds payable		9,200			9,200
Total liabilities		29,980			28,190
Stockholders' equity:
Common stock		500			500
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,500			4,500
Retained earnings		49,056			39,718
Total stockholders' equity		53,556			44,218
Total liabilities and stockholders' equity	$	83,536		$	72,408

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	67,000		$	65,000
Cost of goods sold		33,000			33,000
Gross margin		34,000			32,000
Selling and administrative expenses:
Selling expenses		10,600			10,600
Administrative expenses		6,500			6,100
Total selling and administrative expenses		17,100			16,700
Net operating income		16,900			15,300
Interest expense		920			920
Net income before taxes		15,980			14,380
Income taxes		6,392			5,752
Net income		9,588			8,628
Dividends to common stockholders		250			250
Net income added to retained earnings		9,338			8,378
Beginning retained earnings		39,718			31,340
Ending retained earnings	$	49,056		$	39,718

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.)