Comparative financial statements for Weller Corporation, a merchandising company, for the fiscal 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 bonds, which were sold at their face value, was 10%. The income tax rate was 40% and the dividend per share of common stock was $1.25 last year and $0.90 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	$	1,280		$	1,220
Accounts receivable, net		9,300			7,200
Inventory		13,800			11,900
Prepaid expenses		710			700
Total current assets		25,090			21,020
Property and equipment:
Land		9,600			9,600
Buildings and equipment, net		44,186			39,978
Total property and equipment		53,786			49,578
Total assets	$	78,876		$	70,598
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,200		$	18,400
Accrued liabilities		910			740
Notes payable, short term		200			200
Total current liabilities		20,310			19,340
Long-term liabilities:
Bonds payable		8,200			8,200
Total liabilities		28,510			27,540
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		45,766			38,458
Total stockholders' equity		50,366			43,058
Total liabilities and stockholders' equity	$	78,876		$	70,598

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	72,000		$	65,000
Cost of goods sold		40,000			33,000
Gross margin		32,000			32,000
Selling and administrative expenses:
Selling expenses		11,200			10,800
Administrative expenses		6,900			6,100
Total selling and administrative expenses		18,100			16,900
Net operating income		13,900			15,100
Interest expense		820			820
Net income before taxes		13,080			14,280
Income taxes		5,232			5,712
Net income		7,848			8,568
Dividends to common stockholders		540			750
Net income added to retained earnings		7,308			7,818
Beginning retained earnings		38,458			30,640
Ending retained earnings	$	45,766		$	38,458

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.)