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 bonds, which were sold at their face value, 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 the year was $21. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,150		$	1,270
Accounts receivable, net		9,800			7,800
Inventory		13,400			11,900
Prepaid expenses		710			550
Total current assets		25,060			21,520
Property and equipment:
Land		10,600			10,600
Buildings and equipment, net		46,476			39,988
Total property and equipment		57,076			50,588
Total assets	$	82,136		$	72,108
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,600		$	19,400
Accrued liabilities		1,010			830
Notes payable, short term		110			110
Total current liabilities		20,720			20,340
Long-term liabilities:
Bonds payable		9,700			9,700
Total liabilities		30,420			30,040
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		47,116			37,468
Total stockholders' equity		51,716			42,068
Total liabilities and stockholders' equity	$	82,136		$	72,108

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	73,000		$	64,000
Cost of goods sold		37,000			35,000
Gross margin		36,000			29,000
Selling and administrative expenses:
Selling expenses		11,200			10,700
Administrative expenses		7,000			6,200
Total selling and administrative expenses		18,200			16,900
Net operating income		17,800			12,100
Interest expense		970			970
Net income before taxes		16,830			11,130
Income taxes		6,732			4,452
Net income		10,098			6,678
Dividends to common stockholders		450			450
Net income added to retained earnings		9,648			6,228
Beginning retained earnings		37,468			31,240
Ending retained earnings	$	47,116		$	37,468

Required:

Compute the following financial data and ratios for this year:

1. Working capital.

2. Current ratio. (Round your answer to 2 decimal places.)

3. Acid-test ratio. (Round your answer to 2 decimal places.)