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 this year was $23. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,100		$	1,360
Accounts receivable, net		11,000			7,100
Inventory		12,100			11,700
Prepaid expenses		730			660
Total current assets		24,930			20,820
Property and equipment:
Land		9,300			9,300
Buildings and equipment, net		47,019			42,152
Total property and equipment		56,319			51,452
Total assets	$	81,249		$	72,272
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	18,900		$	18,500
Accrued liabilities		980			740
Notes payable, short term		270			270
Total current liabilities		20,150			19,510
Long-term liabilities:
Bonds payable		9,300			9,300
Total liabilities		29,450			28,810
Stockholders' equity:
Common stock		700			700
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,700			4,700
Retained earnings		47,099			38,762
Total stockholders' equity		51,799			43,462
Total liabilities and stockholders' equity	$	81,249		$	72,272

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	74,000		$	66,000
Cost of goods sold		40,000			34,000
Gross margin		34,000			32,000
Selling and administrative expenses:
Selling expenses		11,400			10,700
Administrative expenses		6,900			6,200
Total selling and administrative expenses		18,300			16,900
Net operating income		15,700			15,100
Interest expense		930			930
Net income before taxes		14,770			14,170
Income taxes		5,908			5,668
Net income		8,862			8,502
Dividends to common stockholders		525			280
Net income added to retained earnings		8,337			8,222
Beginning retained earnings		38,762			30,540
Ending retained earnings	$	47,099		$	38,762

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.)