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Comparative financial statement data for Crane Company and Cullumber Company, two competitors, appear below. All baland data are as of December 31, 2022. Crane Company

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Comparative financial statement data for Crane Company and Cullumber Company, two competitors, appear below. All baland data are as of December 31, 2022. Crane Company Cullumber Company 2022 2022 Net sales $ 2,448,000 $ 843,200 1,598.000 462,400 384,880 133,280 Cost of goods sold Operating expenses Interest expense Income tax expense 10,320 4,560 115,600 48,960 486,000 192,780 Current assets Plant assets (net) Current liabilities 723,000 170,220 90,000 45,900 Long-term liabilities 145,755 39,405 187,680 48,960 Net cash common by operating activities Capital expenditures 122,400 27,200 48,960 20,400 Dividends paid on common stock Weighted average common shares outstanding 80,000 50,000 Compute the net income and earnings per share for each company for 2022. (Round Earnings per share to 2 decimal places, eg. $2.78.) Net Income Earnings per share Crane Company $ 377280 $ 4.27 Cullumber Company $ $ 311612 $ 3.87 (b) Compute working capital and the current ratio for each company for 2022. (Round current ratio to 1 decimal place, e.g. 0.7: 1.) Working Capital Current Ratio Crane Company $ 5.38 :1 Cullumber Company $ 4.25 :1 (c) Compute the debt to assets ratio and the free cash flow for each company for 2022. (Round debt to assets to 1 decimal place, eg. 78.9%. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Debt to Assets Free Cash Flow Crane Company % $ $ Cullumber Company % UA

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