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Crane Company has these comparative balance sheet data: CRANE COMPANY Balance Sheets December 31 2022 2021 Cash $ 27,105 $ 54,210 a Accounts receivable (net)

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Crane Company has these comparative balance sheet data: CRANE COMPANY Balance Sheets December 31 2022 2021 Cash $ 27,105 $ 54,210 a Accounts receivable (net) 126.490 108,420 Inventory 108,420 90.350 Plant assets (net) 361,400 325,260 $623.415 $578.240 Accounts payable $ 90,350 $ 108,420 Mortgage payable (15%) 180.700 180.700 Common stock, $10 par 252.980 216.840 Mortgage payable (15%) 180,700 180,700 Common stock, $10 par 252,980 216,840 Retained earnings 99,385 72,280 $623.415 $578,240 Additional information for 2022: to 1. 2. Net income was $27.900. Sales on account were $381,365. Sales returns and allowances amounted to $29.000 Cost of goods sold was $298,155. Net cash provided by operating activities was $56,017, 5. Capital expenditures were $28,900, and cash dividends were $17.900 3. 4 Compute the following ratios at December 31, 2022. (Round free cash flow to 0 decimal places, e.g. 5,275 and all other answers to 2 Compute the following ratios at December 31, 2022. (Round free cash flow to O decimal places, eg. 5,275 and decimal places, eg. 1.82. Use 365 days for calculation.) (a) Current ratio. (b) Accounts receivable turnover. times I (c) Average collection period. days (d) Inventory turnover. times (e) Days in inventory. days (f) Free cash flow. $

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