Question
Compute the liquidity and profitability ratios of Crane Company for 2021 and 2022. (Round current ratio, asset turnover and earnings per share to 2
Compute the liquidity and profitability ratios of Crane Company for 2021 and 2022. (Round current ratio, asset turnover and earnings per share to 2 decimal places, e.g. 1.83 or 1.83%. Round accounts receivables turnover, inventory turnover, profit margin and return on assets to 1 decimal place, e.g. 1.8 or 1.8%. Round % change to O decimal place, e.g. 25%. If % change is a decrease show the numbers as negative, e.g. -25% or (25)%.) LIQUIDITY Current ratio 2021 2022 1.81 :1 1.66 :1 Accounts receivables turnover 9.5 times Inventory turnover times PROFITABILITY Profit margin Asset turnover Return on assets Earnings per 2021 % times 2022 % times times times % Change % Change % % % % %
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