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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

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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 duting the yeat. 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 50.75 last yeat and $0,40 this year. The market value of the company's common stock at the end of this year was $22. All of the company's sales are on account. Wellen corporition Comparative Balance Sheet (dollors in thousands) Assets: This Year last Year Curment assets: Cash Accounts receivable, net Inventory Prepaid experises Total current assets: Property and equipment: Land Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity \begin{tabular}{rr} $1,130 & $1,250 \\ 10,209 & 6,900 \\ 12,200 & 12,200 \\ 720 & 620 \\ \hline 24,256 & 20,970 \\ \hline 10,709 & 10,709 \\ 41,952 & 39,906 \\ \hline 54,652 & 50,606 \\ \hline$78,902 & $71,576 \\ \hline \end{tabular} Current liabilities: Accounts payable Acerued liabilities Notes payable, shert teri Total cureent liabilities \begin{tabular}{|rr} $18,800 & $18,500 \\ 980 & 890 \\ 260 & 260 \\ \hline 20,040 & 19,650 \end{tabular} Long tero liabilities: Bonds payable Total liabilities 'Stockholders' equity: \begin{tabular}{rr} 9,909 & 9,909 \\ \hline 29,940 & 29,550 \\ \hline \end{tabular} Comnon stock Additional paid-in capital Total paid-in capital Rettained carnings Total stockholders" equity Total liabilities and stockholders' nquity 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.)

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