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 this year was $20. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,260		$	1,240
Accounts receivable, net		9,100			6,700
Inventory		13,500			11,800
Prepaid expenses		610			560
Total current assets		24,470			20,300
Property and equipment:
Land		10,000			10,000
Buildings and equipment, net		48,676			41,878
Total property and equipment		58,676			51,878
Total assets	$	83,146		$	72,178
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	18,800		$	18,300
Accrued liabilities		1,080			710
Notes payable, short term		260			260
Total current liabilities		20,140			19,270
Long-term liabilities:
Bonds payable		8,200			8,200
Total liabilities		28,340			27,470
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		50,206			40,108
Total stockholders' equity		54,806			44,708
Total liabilities and stockholders' equity	$	83,146		$	72,178

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	71,000		$	65,000
Cost of goods sold		35,000			32,000
Gross margin		36,000			33,000
Selling and administrative expenses:
Selling expenses		11,200			10,700
Administrative expenses		6,400			6,300
Total selling and administrative expenses		17,600			17,000
Net operating income		18,400			16,000
Interest expense		820			820
Net income before taxes		17,580			15,180
Income taxes		7,032			6,072
Net income		10,548			9,108
Dividends to common stockholders		450			240
Net income added to retained earnings		10,098			8,868
Beginning retained earnings		40,108			31,240
Ending retained earnings	$	50,206		$	40,108

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.)