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Additional information: The net cash provided by operating activities for 2022 was $192,200. The cash used for capital expenditures was 587,500. The cash used for

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Additional information: The net cash provided by operating activities for 2022 was $192,200. The cash used for capital expenditures was 587,500. The cash used for dividends was $30,700. The weighted average common shares outstanding during the year was 50,000 (a) Compute the following values and ratios for 2022. (We provide the results from 2021 for comparative purposes. (Round Current Ratio and Earnings per share to 2 decimal places, e.g. 15.25 and Debe to assets ratio to I decimal place, e.g. 78.9%. Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses eg. (45).) 6) Working capital. (2021: $160,500) (1) Current ratio. (2021: 165:1) (0) Free cash flow. (2021: $48,700) (iv) Debt to assets ratio. (2021: 31%) (v) Earnings per share. (2021 $3.15) Study 00 Working capital 323000 Current ratio 22:1 Free cash flow (1) Debt to assets ratio 96 3 Earnings per share The following are financial statements of Crane Company. Crane Company Income Statement For the Year Ended December 31, 2022 Net sales Cost of goods sold Selling and administrative expenses Interest expense Income tax expense Net income $2,237,000 1,019,000 906,500 76,000 69,500 $ 166,000 Crane Company Balance Sheet December 31, 2022 Assets Current assets Cash Debt investments Accounts receivable (net) Inventory Total current assets Plant assets (net) Total assets $ 57,400 87,000 169,400 199,200 513,000 573,000 $ 1,086,000 to search O RE 513,000 573,000 $ 1,086,000 Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 158,000 32,000 190,000 195,530 385,530 Ey. 352,000 348,470 700,470 $1,086,000 Additional information: The net cash provided by operating activities for 2022 was $ dividends was $30,700. The weighted average common shares outstanding during th (a) Compute the following values and ratios for 2022. (We provide the results from share to 2 decimal places, e.g. 15.25 and Debt to assets ratio to 1 decim preceding the number e.g. -45 or parentheses e.g. (45).) ce to search BRI

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