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 $28. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,100	$ 1,220
Accounts receivable, net	10,400	8,300
Inventory	12,800	10,800
Prepaid expenses	790	580
Total current assets	25,090	20,900
Property and equipment:
Land	10,000	10,000
Buildings and equipment, net	44,566	41,958
Total property and equipment	54,566	51,958
Total assets	$ 79,656	$ 72,858
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,500	$ 18,900
Accrued liabilities	980	770
Notes payable, short term	270	270
Total current liabilities	20,750	19,940
Long-term liabilities:
Bonds payable	8,700	8,700
Total liabilities	29,450	28,640
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	45,606	39,618
Total stockholders' equity	50,206	44,218
Total liabilities and stockholders' equity	$ 79,656	$ 72,858

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 67,000	$ 65,000
Cost of goods sold	38,000	33,000
Gross margin	29,000	32,000
Selling and administrative expenses:
Selling expenses	10,800	10,300
Administrative expenses	6,600	6,800
Total selling and administrative expenses	17,400	17,100
Net operating income	11,600	14,900
Interest expense	870	870
Net income before taxes	10,730	14,030
Income taxes	4,292	5,612
Net income	6,438	8,418
Dividends to common stockholders	450	240
Net income added to retained earnings	5,988	8,178
Beginning retained earnings	39,618	31,440
Ending retained earnings	$ 45,606	$ 39,618

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.)