Crane Inc. reported the following selected information for the past three years (in millions, except for per share amounts):

		2021			2020			2019
Net sales		$4,400			$3,500			$3,100
Average shareholders equity		3,100			2,100			1,500
Profit from continuing operations		$1,300			$950			$740
Loss on disposal of discontinued operations		300
Loss from discontinued operations		110			90			80
Profit		$890			$860			$660
Weighted average number of common shares		280			270			260
Market price per share		$50.00			$31.90			$49.32

(a) Calculate Cranes return on equity, earnings per share, and price-earnings ratios before and after discontinued operations for 2021, 2020, and 2019. (Round answers to 2 decimal places, e.g. 52.76 or 52.76%.)

Before Discontinued Operations
Ratio		2021			2020			2019
1. Return on equity			%			%			%
2. Earnings per share		$			$			$
3. Price-earnings ratio			times			times			times

After Discontinued Operations
Ratio		2021			2020			2019
1. Return on equity			%			%			%
2. Earnings per share		$			$			$
3. Price-earnings ratio			times			times			times

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