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Accounting-2020 Answer A-I The comparative statements of Crane Company are presented here. All sales were on credit. Net cash provided by operating activities for 2022
Accounting-2020
Answer A-I
The comparative statements of Crane Company are presented here. All sales were on credit. Net cash provided by operating activities for 2022 was $257,000. Capital expenditures were $123,000, and cash dividends paid were $97,500. Compute the following ratios for 2022. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%. Use 365 days for calculation.) Compute the following ratios for 2022. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%. Use 365 days for calculation.)Step by Step Solution
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