double check answers. thank you!
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 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 share of common stock was $0.75 last year and $0.40 this year. The market value of the company's common stock at the end of this year was $23. All of the company's sales are on account. Total property and equipsent Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued 1iabilities Notes payable, short term Total current liabilities \begin{tabular}{rr} 36,624 & 48,312 \\ \hline$80,889 & $69,852 \\ \hline \end{tabular} Long-term liabilities: \begin{tabular}{rr} $20,400 & $17,70 \\ 1,7 & 770 \\ 270 & 270 \\ \hline 21,740 & 18,749 \end{tabular} Bonds payable Total liabilities Stockholders" equity: Conmon stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockhalders" wquity \begin{tabular}{rr} 8,800 & 8,804 \\ \hline 39,540 & 27,540 \\ \hline \end{tabular} Weller corporation Comparative Income Statenent and Reconciliation (dollars in thousands) \begin{tabular}{rr} 500 & 500 \\ 4,000 & 4,900 \\ \hline 4,500 & 4,500 \\ 45,849 & 37,812 \\ \hline 50,349 & 42,312 \\ \hline$80,889 & $69,852 \\ \hline \end{tabular} 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.) 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.)