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 $22. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,270		$	1,300
Accounts receivable, net		9,700			7,500
Inventory		13,600			11,900
Prepaid expenses		670			590
Total current assets		25,240			21,290
Property and equipment:
Land		9,600			9,600
Buildings and equipment, net		48,358			42,404
Total property and equipment		57,958			52,004
Total assets	$	83,198		$	73,294
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,700		$	18,600
Accrued liabilities		910			740
Notes payable, short term		120			120
Total current liabilities		20,730			19,460
Long-term liabilities:
Bonds payable		9,600			9,600
Total liabilities		30,330			29,060
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		48,268			39,634
Total stockholders' equity		52,868			44,234
Total liabilities and stockholders' equity	$	83,198		$	73,294

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	74,000		$	66,000
Cost of goods sold		40,000			33,000
Gross margin		34,000			33,000
Selling and administrative expenses:
Selling expenses		11,400			10,800
Administrative expenses		6,500			7,000
Total selling and administrative expenses		17,900			17,800
Net operating income		16,100			15,200
Interest expense		960			960
Net income before taxes		15,140			14,240
Income taxes		6,056			5,696
Net income		9,084			8,544
Dividends to common stockholders		450			450
Net income added to retained earnings		8,634			8,094
Beginning retained earnings		39,634			31,540
Ending retained earnings	$	48,268		$	39,634

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.)