Comparative financial statements for Weller Corporation, a merchandising company, for the fiscal year ending December 31 appear below. The company did not issue any new common stock during the year. A total of 700,000 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 $1.25 last year and $0.90 this year. The market value of the companys common stock at the end of the year was $27. 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		$	1,370
Accounts receivable, net		9,700			6,900
Inventory		12,300			11,200
Prepaid expenses		690			600
Total current assets		23,790			20,070
Property and equipment:
Land		10,900			10,900
Buildings and equipment, net		44,896			36,033
Total property and equipment		55,796			46,933
Total assets	$	79,586		$	67,003
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	20,100		$	19,000
Accrued liabilities		920			850
Notes payable, short term		100			100
Total current liabilities		21,120			19,950
Long-term liabilities:
Bonds payable		8,200			8,200
Total liabilities		29,320			28,150
Stockholders' equity:
Common stock		700			700
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,700			4,700
Retained earnings		45,566			34,153
Total stockholders' equity		50,266			38,853
Total liabilities and stockholders' equity	$	79,586		$	67,003

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	74,000		$	66,000
Cost of goods sold		34,000			42,000
Gross margin		40,000			24,000
Selling and administrative expenses:
Selling expenses		11,400			10,600
Administrative expenses		7,300			6,600
Total selling and administrative expenses		18,700			17,200
Net operating income		21,300			6,800
Interest expense		820			820
Net income before taxes		20,480			5,980
Income taxes		8,192			2,392
Net income		12,288			3,588
Dividends to common stockholders		875			875
Net income added to retained earnings		11,413			2,713
Beginning retained earnings		34,153			31,440
Ending retained earnings	$	45,566		$	34,153

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.)