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 $30. 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		$	1,320
Accounts receivable, net		9,700			6,600
Inventory		12,700			11,500
Prepaid expenses		670			510
Total current assets		24,330			19,930
Property and equipment:
Land		9,000			9,000
Buildings and equipment, net		44,448			41,104
Total property and equipment		53,448			50,104
Total assets	$	77,778		$	70,034
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,500		$	18,100
Accrued liabilities		1,060			710
Notes payable, short term		280			280
Total current liabilities		20,840			19,090
Long-term liabilities:
Bonds payable		9,600			9,600
Total liabilities		30,440			28,690
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		42,738			36,744
Total stockholders' equity		47,338			41,344
Total liabilities and stockholders' equity	$	77,778		$	70,034

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	69,000		$	66,000
Cost of goods sold		39,000			39,000
Gross margin		30,000			27,000
Selling and administrative expenses:
Selling expenses		11,300			10,600
Administrative expenses		7,000			6,200
Total selling and administrative expenses		18,300			16,800
Net operating income		11,700			10,200
Interest expense		960			960
Net income before taxes		10,740			9,240
Income taxes		4,296			3,696
Net income		6,444			5,544
Dividends to common stockholders		450			240
Net income added to retained earnings		5,994			5,304
Beginning retained earnings		36,744			31,440
Ending retained earnings	$	42,738		$	36,744

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.)