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Comparative finonclal statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any common stock

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Comparative finonclal statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any common stock during the year, A total of 500,000 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 shore of common stock was $0.75 kast year and $0.40 this year. The matket value of the company's common stock at the end of this yeaf was $29,All of the compary's. 5 ales are on account. Required: Compute the following financial data and ratios for this year: 1. Working capltal. Note: Enter your answer in thousands. 2. Current ratio: Note: Round your answer to 2 decimal places. 3. Acld-test ratio. Note: Round your answer to 2 decimal places. Required: Compute the following financial data and ratios for this year: 1. Working capltal. Note: Enter your answer in thousands. 2. Current ratlo. Note: Round your answer to 2 decimal places. 3. Acid-test ratio. Note: Round your answer to 2 decimal places

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