Question 3 The following financial information is for Crane Company CRANE COMPANY Balance Sheets December 31 2017 Assets Cash Debt investments (short-term) Accounts receivable Inventory Prepaid expenses Land Building and equipment (net) Total assets Liabilities and Stockholders' Equity Notes payable Accounts payable Accrued liabilities Bonds payable, due 2020 Common stock, $10 par Retained earnings Total liabilities and stockholders' equity 2016 $ 69,000 69,000 39,000 90,000 230,000168,000 26,000 129,000 129,000 262,000 183,000 $870,000 $704,000 51,000 105,000 24,000 $171,000 $109,000 52,000 40,000 252,000 172,000 205,000205,000 136,000 126,000 $704,000 66,000 40,000 $870,000 (al) Compute the liquidity and profitability ratios of Crane Company for 2016 and 2017. (Round current ratio and asset turnover to 2 decimal places, e.g 1.83 and all other answers to 1 de 1.8 or 1.8%. If 90 change is a decrease show the numbers as negative, e.g.-1.8390 or (1.83%).) 2017 2016 % Change LIQUIDITY Current ratio Accounts receivables turnover Inventory turnover times times times times 2017 2016 o Change PROFITABILITY Profit nargin Asset turnover Return on assets times times Earnings per share