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Crane Company has these comparative balance sheet data: Additional information for 2 0 2 7 : Net income was $ 2 5 , 1 0
Crane Company has these comparative balance sheet data:
Additional information for :
Net income was $
Sales on account were $ Sales returns and allowances amounted to $
Cost of goods sold was $
Net cash provided by operating activities was $
Capital expenditures were $ and cash dividends paid were $
The bonds payable are due in
Compute the following ratios at December Round current ratio to decimal places, eg Round Accounts receivable
turnover, Average collection period, Inventory turnover and Days in inventory to decimal place, eg
a Current ratio
:
b Accounts receivable turnover
times
c Average collection period days
d Inventory turnover times
e Days in inventory days
f Free cash flow
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