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 this year was $25. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,120	$ 1,390
Accounts receivable, net	9,400	7,600
Inventory	13,500	11,000
Prepaid expenses	610	550
Total current assets	24,630	20,540
Property and equipment:
Land	9,300	9,300
Buildings and equipment, net	48,211	39,478
Total property and equipment	57,511	48,778
Total assets	$ 82,141	$ 69,318
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,700	$ 19,400
Accrued liabilities	1,040	820
Notes payable, short term	220	220
Total current liabilities	20,960	20,440
Long-term liabilities:
Bonds payable	8,700	8,700
Total liabilities	29,660	29,140
Stockholders' equity:
Common stock	500	500
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,500	4,500
Retained earnings	47,981	35,678
Total stockholders' equity	52,481	40,178
Total liabilities and stockholders' equity	$ 82,141	$ 69,318

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 73,000	$ 64,000
Cost of goods sold	33,000	39,000
Gross margin	40,000	25,000
Selling and administrative expenses:
Selling expenses	11,300	10,800
Administrative expenses	6,700	6,100
Total selling and administrative expenses	18,000	16,900
Net operating income	22,000	8,100
Interest expense	870	870
Net income before taxes	21,130	7,230
Income taxes	8,452	2,892
Net income	12,678	4,338
Dividends to common stockholders	375	200
Net income added to retained earnings	12,303	4,138
Beginning retained earnings	35,678	31,540
Ending retained earnings	$ 47,981	$ 35,678

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.