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Crane Company Drovides you with the following balance sheet information of December 31, 2017 Current assets Long term assets Totalasses 39 430 21.730 $31,160 $9,840
Crane Company Drovides you with the following balance sheet information of December 31, 2017 Current assets Long term assets Totalasses 39 430 21.730 $31,160 $9,840 11.480 Currenthiabilities Long-term liable Stockholders equity Total abilities and stockholders' culty 531,160 In addition, Crane reported net income for 2017 of $13.120, income tax expense of $2.624 and interest opense of $1067 Your answer is partially correct Compute the current ratio and working capital for Crane for 2017 (Round current rate to 2 de mal places 2.75. Ent rregatomosis using the actives preceding the number 45 or parentheseses (693 Current ratio 1 Worlang capital 5 e Textbook and Media Your answer is partially correct. Assume that at the end of 2017, Crane used $2,460 cash to pay off $2.460) of accounts payable How would the current ratio and working capital have changed Round carent ratio to 2 decimales 2.75. Enamus the in the worst parents (451 Current ratio 094 11 Worlong capital Your answer is partially correct Assume that at the end of 2017. Crane used $2,460 cash to pay off $2,460 of accounts payable. How would the current ratio and working capital have changed? (Roundament ratio to 2 decimal places, es 2.7.Fnter negative amounts using eitheva negative si prending the number 45 or parentheses (451.) 0.94 11 Current ratio Working capital $ e Textbook and Media Your answer is partially correct Compute the debt to assets ratio and the times interestearned for Crane for 2017. (Round answers to 2 decimal places 275) 1 Debt to assets ratio 1677 times Times interest earned ratio e Textbook and Media
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