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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 $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	$	1,140		$	1,410
Accounts receivable, net		9,100			8,200
Inventory		13,100			11,900
Prepaid expenses		790			530
Total current assets		24,130			22,040
Property and equipment:
Land		9,500			9,500
Buildings and equipment, net		43,266			40,208
Total property and equipment		52,766			49,708
Total assets	$	76,896		$	71,748
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,600		$	18,700
Accrued liabilities		1,070			890
Notes payable, short term		210			210
Total current liabilities		20,880			19,800
Long-term liabilities:
Bonds payable		9,200			9,200
Total liabilities		30,080			29,000
Stockholders' equity:
Common stock		600			600
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,600			4,600
Retained earnings		42,216			38,148
Total stockholders' equity		46,816			42,748
Total liabilities and stockholders' equity	$	76,896		$	71,748

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	67,000		$	65,000
Cost of goods sold		40,000			34,000
Gross margin		27,000			31,000
Selling and administrative expenses:
Selling expenses		11,300			10,600
Administrative expenses		7,000			6,800
Total selling and administrative expenses		18,300			17,400
Net operating income		8,700			13,600
Interest expense		920			920
Net income before taxes		7,780			12,680
Income taxes		3,112			5,072
Net income		4,668			7,608
Dividends to common stockholders		600			600
Net income added to retained earnings		4,068			7,008
Beginning retained earnings		38,148			31,140
Ending retained earnings	$	42,216		$	38,148

Required:

Compute the following financial data and ratios for this year:

1. Working capital. (Enter answer in thousands.)

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

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

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