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Condensed balance shoot and Income statement data for Cranc Corporation are presented here. Crane Corporation Balance Sheets December 31 2022 2021 2020 Cash $25,000
Condensed balance shoot and Income statement data for Cranc Corporation are presented here. Crane Corporation Balance Sheets December 31 2022 2021 2020 Cash $25,000 $17,000 $17,400 Accounts recchiable (nct) 50,500 44,200 40,300 Other current 90,300 94,500 64,500 Investment 55,000 70,000 44,700 Property, plant, and equipment(nct) 500,400 370,600 257,400 $725,000 $596,400 $532,500 Current $85,400 $77,000 $59,900 Long-term debt 144,700 14.300 50,500 Common stock $30 351,000 210,000 200,000 Retained camins 144,800 122.300 111,700 $725,000 $595,400 $532,500 Crane Corporation Income Statement For the Years Ended December 31 2022 2021 Salce $737,000 $605,000 Less: Salce returns and allowanc 27,700 30.300 Net 697,300 575300 Cost of goods sold 425,500 270,000 Gross profit 271,000 205.500 Operating (Including Income ta 147,950 Net Income $13.676 $57,550 Additional Information: 1 The market price of Crand's common stock was $7.00, $7.50, and $8.50 for 2020, 2021, and 2022, respectively. 2. You must compute dividends declared. All declared dividends were paid in cash in the year of declaration. (x) Compute the following ratio for 2021 and 2022. RoundAster and Romleggerontodecimal places.1.5 Round goyout retice and to decimal places g. 15 Round all other to decimal glock, eg. 6.3 (1) (2) Profit margin Gross profitte Asset turnover (4) Earnings per share $ (5) Price-earnings rat (6) Payout ratio 15 Debt to ratio 2021 % % %6 $ 2022 % % timez times %
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