The condensed financial statements of Crane Company for the years 2024 and 2025 are presented...
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The condensed financial statements of Crane Company for the years 2024 and 2025 are presented as follows. (Amounts in thousands.) Compute the following ratios for 2025 and 2024. (Round current ratio and inventory turnover to 2 decimal places, eg. 1.83 and all other answers to 1 decimal place, eg. 1.8 or 12.6%.) (a) Current ratio. (b) Inventory turnover. (Inventory on 12/31/23 was $390.) (c) Profit margin. (d) Return on assets. (Assets on 12/31/23 were $2.690.) (e) Return on common stockholders' equity. (Stockholders' equity-common on 12/31/23 was \$970.) (f) Debt to assets ratio. (f) Debt to assets ratio. (g) Times interest earned. Current ratio Inventory turnover times times Profit margin % % Return on assets \% % Return on common stockholders' equity % % Debt to assets ratio % % Times interest earned times times
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