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 $30. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,140		$	1,270
Accounts receivable, net		10,500			6,700
Inventory		12,500			11,400
Prepaid expenses		730			680
Total current assets		24,870			20,050
Property and equipment:
Land		10,100			10,100
Buildings and equipment, net		51,254			40,762
Total property and equipment		61,354			50,862
Total assets	$	86,224		$	70,912
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	20,500		$	18,600
Accrued liabilities		940			760
Notes payable, short term		200			200
Total current liabilities		21,640			19,560
Long-term liabilities:
Bonds payable		8,300			8,300
Total liabilities		29,940			27,860
Stockholders' equity:
Common stock		500			500
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,500			4,500
Retained earnings		51,784			38,552
Total stockholders' equity		56,284			43,052
Total liabilities and stockholders' equity	$	86,224		$	70,912

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	76,000		$	66,000
Cost of goods sold		35,000			35,000
Gross margin		41,000			31,000
Selling and administrative expenses:
Selling expenses		10,500			10,700
Administrative expenses		7,200			6,700
Total selling and administrative expenses		17,700			17,400
Net operating income		23,300			13,600
Interest expense		830			830
Net income before taxes		22,470			12,770
Income taxes		8,988			5,108
Net income		13,482			7,662
Dividends to common stockholders		250			250
Net income added to retained earnings		13,232			7,412
Beginning retained earnings		38,552			31,140
Ending retained earnings	$	51,784		$	38,552

Required:

Compute the following financial data and ratios for this year:

1. Working capital. (Enter answer in thousands.)

2. Current ratio. (Round your answer to 2 decimal places.)

3. Acid-test ratio. (Round your answer to 2 decimal places.)