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 600,000 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	$	1,190		$	1,330
Accounts receivable, net		9,700			7,400
Inventory		12,700			11,800
Prepaid expenses		700			590
Total current assets		24,290			21,120
Property and equipment:
Land		10,800			10,800
Buildings and equipment, net		46,980			38,790
Total property and equipment		57,780			49,590
Total assets	$	82,070		$	70,710
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,600		$	18,000
Accrued liabilities		920			790
Notes payable, short term		290			290
Total current liabilities		20,810			19,080
Long-term liabilities:
Bonds payable		8,000			8,000
Total liabilities		28,810			27,080
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		48,660			39,030
Total stockholders' equity		53,260			43,630
Total liabilities and stockholders' equity	$	82,070		$	70,710

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	72,000		$	65,000
Cost of goods sold		37,000			33,000
Gross margin		35,000			32,000
Selling and administrative expenses:
Selling expenses		10,900			10,300
Administrative expenses		6,500			6,500
Total selling and administrative expenses		17,400			16,800
Net operating income		17,600			15,200
Interest expense		800			800
Net income before taxes		16,800			14,400
Income taxes		6,720			5,760
Net income		10,080			8,640
Dividends to common stockholders		450			450
Net income added to retained earnings		9,630			8,190
Beginning retained earnings		39,030			30,840
Ending retained earnings	$	48,660		$	39,030

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