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 $20. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,240	$ 1,300
Accounts receivable, net	9,800	7,500
Inventory	12,300	12,100
Prepaid expenses	630	630
Total current assets	23,970	21,530
Property and equipment:
Land	10,400	10,400
Buildings and equipment, net	45,854	41,742
Total property and equipment	56,254	52,142
Total assets	$ 80,224	$ 73,672
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,000	$ 18,600
Accrued liabilities	970	860
Notes payable, short term	220	220
Total current liabilities	20,190	19,680
Long-term liabilities:
Bonds payable	8,800	8,800
Total liabilities	28,990	28,480
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	46,634	40,592
Total stockholders' equity	51,234	45,192
Total liabilities and stockholders' equity	$ 80,224	$ 73,672

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 70,000	$ 66,000
Cost of goods sold	41,000	32,000
Gross margin	29,000	34,000
Selling and administrative expenses:
Selling expenses	10,500	10,700
Administrative expenses	6,800	6,600
Total selling and administrative expenses	17,300	17,300
Net operating income	11,700	16,700
Interest expense	880	880
Net income before taxes	10,820	15,820
Income taxes	4,328	6,328
Net income	6,492	9,492
Dividends to common stockholders	450	240
Net income added to retained earnings	6,042	9,252
Beginning retained earnings	40,592	31,340
Ending retained earnings	$ 46,634	$ 40,592

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.)