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Current Attempt in Progress These items were taken from the financial statements of Crane Company at December 31, 2022: Buildings Accounts receivable Prepaid insurance Cash
Current Attempt in Progress These items were taken from the financial statements of Crane Company at December 31, 2022: Buildings Accounts receivable Prepaid insurance Cash Equipment Land Insurance expense Depreciation expense Interest expense $110,032 16,224 3,328 12,272 86,024 63,440 Accumulated depreciation-equipment Common stock (20,800 shares) Retained earnings (1/1/22) Accumulated depreciation-buildings Accounts payable Notes payable. 728 Interest payable 5,096 Service revenue 2,288 $62,400 41,600 47,632 8,840 97,344 19,464 3,744 18,408 Prepare a classified balance sheet. Assume that $16,952 of the note payable will be paid in 2022. (List Current Assets in a liquidity, List Property, Plant, and Equipment in order of Land, Buildings and Equipment.) Current Attempt in Progress These items were taken from the financial statements of Crane Company at December 31, 2022: Compute the following: (Round Current ratio answer to 2 decimal places, eg. 12.25, Earnings per share to 3 decimal places, eg. 12.255 and all other answers to 0 decimal places, eg. 125.) (1) Working capital (2) Current ratio (3) Debt to assets ratio
Current Attempt in Progress These items were taken from the financial statements of Crane Company at December 31, 2022: Buildings Accounts receivable Prepaid insurance Cash Equipment Land Insurance expense Depreciation expense Interest expense $110,032 16,224 3,328 12,272 86,024 63,440 Accumulated depreciation-equipment Common stock (20,800 shares) Retained earnings (1/1/22) Accumulated depreciation-buildings Accounts payable Notes payable. 728 Interest payable 5,096 Service revenue 2,288 $62,400 41,600 47,632 8,840 97,344 19,464 3,744 18,408
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