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 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 $0.75 last year and $0.40 this year. The market value of the companys common stock at the end of this year was $25. 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	$ 1,260
Accounts receivable, net	10,200	6,700
Inventory	12,900	11,400
Prepaid expenses	730	660
Total current assets	24,930	20,020
Property and equipment:
Land	9,900	9,900
Buildings and equipment, net	42,331	38,058
Total property and equipment	52,231	47,958
Total assets	$ 77,161	$ 67,978
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,800	$ 19,400
Accrued liabilities	910	740
Notes payable, short term	180	180
Total current liabilities	20,890	20,320
Long-term liabilities:
Bonds payable	8,700	8,700
Total liabilities	29,590	29,020
Stockholders' equity:
Common stock	700	700
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,700	4,700
Retained earnings	42,871	34,258
Total stockholders' equity	47,571	38,958
Total liabilities and stockholders' equity	$ 77,161	$ 67,978

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 68,000	$ 66,000
Cost of goods sold	34,000	42,000
Gross margin	34,000	24,000
Selling and administrative expenses:
Selling expenses	11,300	10,000
Administrative expenses	6,600	6,800
Total selling and administrative expenses	17,900	16,800
Net operating income	16,100	7,200
Interest expense	870	870
Net income before taxes	15,230	6,330
Income taxes	6,092	2,532
Net income	9,138	3,798
Dividends to common stockholders	525	280
Net income added to retained earnings	8,613	3,518
Beginning retained earnings	34,258	30,740
Ending retained earnings	$ 42,871	$ 34,258

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.)