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 700,000 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 $27. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,270		$	1,290
Accounts receivable, net		10,900			7,400
Inventory		13,600			11,900
Prepaid expenses		720			580
Total current assets		26,490			21,170
Property and equipment:
Land		10,200			10,200
Buildings and equipment, net		44,490			38,725
Total property and equipment		54,690			48,925
Total assets	$	81,180		$	70,095
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,300		$	17,900
Accrued liabilities		1,050			890
Notes payable, short term		180			180
Total current liabilities		20,530			18,970
Long-term liabilities:
Bonds payable		9,500			9,500
Total liabilities		30,030			28,470
Stockholders' equity:
Common stock		700			700
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,700			4,700
Retained earnings		46,450			36,925
Total stockholders' equity		51,150			41,625
Total liabilities and stockholders' equity	$	81,180		$	70,095

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	73,000		$	65,000
Cost of goods sold		38,000			36,000
Gross margin		35,000			29,000
Selling and administrative expenses:
Selling expenses		10,800			11,000
Administrative expenses		6,500			6,700
Total selling and administrative expenses		17,300			17,700
Net operating income		17,700			11,300
Interest expense		950			950
Net income before taxes		16,750			10,350
Income taxes		6,700			4,140
Net income		10,050			6,210
Dividends to common stockholders		525			525
Net income added to retained earnings		9,525			5,685
Beginning retained earnings		36,925			31,240
Ending retained earnings	$	46,450		$	36,925

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.)

1. Working capital 2. Current ratio 3. Acid-test ratio