CRANE COMPANY Balance Sheets December 31
		2022		2021
Cash		$ 17,100		$ 34,200
Accounts receivable (net)		79,800		68,400
Inventory		68,400		57,000
Plant assets (net)		228,000		205,200
		$393,300		$364,800
Accounts payable		$ 57,000		$ 68,400
Mortgage payable (15%)		114,000		114,000
Common stock, $10 par		159,600		136,800
Retained earnings		62,700		45,600
		$393,300		$364,800

Additional information for 2022:

1.		Net income was $26,900.
2.		Sales on account were $392,300. Sales returns and allowances amounted to $27,000.
3.		Cost of goods sold was $217,600.
4.		Net cash provided by operating activities was $59,800.
5.		Capital expenditures were $26,800, and cash dividends were $12,300.

Compute the following ratios at December 31, 2022. (Round current ratio to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.)

(a)		Current ratio.		enter current ratio rounded to 2 decimal places	:1
(b)		Accounts receivable turnover.		enter a number for Accounts receivable turnover in times rounded to 1 decimal place	times
(c)		Average collection period.		enter a number for Average collection period in days rounded to 1 decimal place	days
(d)		Inventory turnover.		enter a number for Inventory turnover in times rounded to 1 decimal place	times
(e)		Days in inventory.		enter a number of days in inventory rounded to 1 decimal place	days
(f)		Free cash flow.		$enter free cash flow in dollars