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 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 $0.75 last year and $0.40 this year. The market value of the companys common stock at the end of the year was $24. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,230		$	1,350
Accounts receivable, net		9,500			7,000
Inventory		12,200			11,000
Prepaid expenses		720			630
Total current assets		23,650			19,980
Property and equipment:
Land		9,100			9,100
Buildings and equipment, net		45,658			40,664
Total property and equipment		54,758			49,764
Total assets	$	78,408		$	69,744
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,200		$	17,900
Accrued liabilities		930			730
Notes payable, short term		150			150
Total current liabilities		20,280			18,780
Long-term liabilities:
Bonds payable		9,100			9,100
Total liabilities		29,380			27,880
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		44,428			37,264
Total stockholders' equity		49,028			41,864
Total liabilities and stockholders' equity	$	78,408		$	69,744

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	70,000		$	66,000
Cost of goods sold		39,000			37,000
Gross margin		31,000			29,000
Selling and administrative expenses:
Selling expenses		10,700			10,700
Administrative expenses		6,700			6,600
Total selling and administrative expenses		17,400			17,300
Net operating income		13,600			11,700
Interest expense		910			910
Net income before taxes		12,690			10,790
Income taxes		5,076			4,316
Net income		7,614			6,474
Dividends to common stockholders		450			450
Net income added to retained earnings		7,164			6,024
Beginning retained earnings		37,264			31,240
Ending retained earnings	$	44,428		$	37,264

Required:

Compute the following financial data and ratios for this year:

1. Working capital.

2. Current ratio. (Round your answer to 2 decimal places.)

3. Acid-test ratio. (Round your answer to 2 decimal places.)