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 $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	$	1,220		$	1,220
Accounts receivable, net		9,300			6,600
Inventory		13,300			11,000
Prepaid expenses		680			580
Total current assets		24,500			19,400
Property and equipment:
Land		10,800			10,800
Buildings and equipment, net		40,877			39,776
Total property and equipment		51,677			50,576
Total assets	$	76,177		$	69,976
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,600		$	19,200
Accrued liabilities		960			790
Notes payable, short term		140			140
Total current liabilities		20,700			20,130
Long-term liabilities:
Bonds payable		9,900			9,900
Total liabilities		30,600			30,030
Stockholders' equity:
Common stock		500			500
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,500			4,500
Retained earnings		41,077			35,446
Total stockholders' equity		45,577			39,946
Total liabilities and stockholders' equity	$	76,177		$	69,976

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	70,000		$	64,000
Cost of goods sold		41,000			39,000
Gross margin		29,000			25,000
Selling and administrative expenses:
Selling expenses		10,900			10,200
Administrative expenses		7,100			6,300
Total selling and administrative expenses		18,000			16,500
Net operating income		11,000			8,500
Interest expense		990			990
Net income before taxes		10,010			7,510
Income taxes		4,004			3,004
Net income		6,006			4,506
Dividends to common stockholders		375			200
Net income added to retained earnings		5,631			4,306
Beginning retained earnings		35,446			31,140
Ending retained earnings	$	41,077		$	35,446

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.)