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View Policies Current Attempt in Progress The comparative statements of Crane Company are presented here CRANE COMPANY Income Statements For the Years Ended December 31 2022 Net sales $1,903.500 Cost of goods sold 1,068.795 Gross profit 834.705 Selling and administrative expenses 507.200 Income from operations 327.505 Other expenses and losses Interest expense 24.100 Income before income taxes 303.405 Income tax expense 93.955 Net income $ 209.450 2021 $1,757,700 1,013,200 744,500 486.200 258,300 22.100 236.200 75.100 $ 161,100 2021 $ 64,200 50,000 110,000 117,600 341,800 535,300 $877.100 CRANE COMPANY Balance Sheets December 31 Assets 2022 Current assets Cash $ 60.196 Debt investments (short-term) 74,000 Accounts receivable 125,000 Inventory 128.100 Total current assets 387.296 Plant assets (net) 664,000 Total assets $1.051.296 Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 167,200 Income taxes payable 45,600 Total current liabilities 212.800 Bonds payable 235,000 Total liabilities 447,800 Stockholders' equity Common stock ($5 per) 290,000 Retained earnings 313,496 Total stockholders' equity 603.496 Total liabilities and stockholders' equity $1,051.296 $152,600 44.100 196.700 215,000 411.700 300.000 165.400 465,400 $877.100 All sales were on account. Net cash provided by operating activities for 2022 was $245,700. Capital expenditures were $136.000, and cash dividends were $61,354. All sales were on account. Net cash provided by operating activities for 2022 was $245,700. Capital expenditures were $136,000. end cash dividends were $61,354. Compute the following ratios for 2022. (Round current ratio, earnings per share and asset turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, eg. 1.8 or 2.5%. Use 365 days in calculation.) $ 96 times (a) Earnings per share (b) Return on common stockholders' equity (c) Return on assets (d) Current ratio (e) Accounts receivable turnover (f) Average collection period Inventory turnover (h) Days in inventory 0 Times interest earned 0 Asset turnover days times days times times (K) Debt to assets ratio % (1) Free cash flow $

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