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a. Prepare a statement of cash flows for the Crosby Corporation: Note: Amounts to be deducted should be indicated with parentheses or a minus sign.

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a. Prepare a statement of cash flows for the Crosby Corporation: Note: Amounts to be deducted should be indicated with parentheses or a minus sign. b. Compute the book value per common share for both 201 and 202 for the Crosby Corporation Note: Round your answers to 2 decimals places. c. If the market value of a share of common stock is 3.3 times book value for 202, what is the firm's P/E ratio for 202 ? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. Refer to the following financial statements for Crosby Corporation: Comparat lve Balance Sheets For 201 and 202 Year-Find 201 Year-Fnd 201 Year-Find 2902 Assets Current assets: Cash Accounts recelvable (net) Inventory Prepald expenses Total current assets investments (long-term securities) Gross plant and equilpnent Lessi Accumalated depreciation Net plant and equipoent. Total assets Labilities and 5tockholders" Lquity Current liabilities: Accounts paysble Notes payabio Accrued expenses Total current liabjuties ing-tern Mobjifties? ronds poyable, 20x2 fotal Habilities Steckholders' equity: Preferred stock, Slee par value Comon stock, $1 par value Capltal paid in evcess of par Retained earnings Total stockholdeis' equity rotal Ifablities and itocicholders" equity 52,000,000 1,000,000 $1,910,0001,000,000 52,230,0001,250,000 $250,000400,00070,000$720,000 $790,00070,000 $1,019,000120,000 $90,000120,000410,000500,00051,120,000$1,910,000 \$ 2, 490, 690 1,150,000 52,230,0001,250,000 $90,000120,000416,000600,000$1,220,00012,230,000

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