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Refer to the following financial statements for Crosby Corporation: Comparative Balance Sheets For 201 and 202 Assets Year-End 201 Year-End 202 Curnent assets: Cash Accounts

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Refer to the following financial statements for Crosby Corporation: Comparative Balance Sheets For 201 and 202 Assets Year-End 201 Year-End 202 Curnent assets: Cash Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments (long-term securities) Gross plant and equipment Less: Accumulated depreciation Net plant and equipment Total assets Liabilities and Stockholders' Equity \begin{tabular}{r} $103,690 \\ 511,909 \\ 680,909 \\ 60,990 \\ \hline$1,354,990 \\ 94,100 \end{tabular} $2,510,09 1,550,000 Current-liabilities: Accounts payable Notes payable Accrued expenses Total current 1iabilities Long-term liabilities: Bonds payable, 202 Total liabilities Stockholders" Equity: Preferred stock, \$1e@ par value Comon stock, \$1 par value capital paid in excess of par Rtetained earnings Total stockholders' equity $2,409,000960,000 \$ 3,169,090 1,550,000 1,829,069 \begin{tabular}{r} $92,799 \\ 518,69 \\ 708,09 \\ 39,290 \\ \hline$1,357,969 \\ 87,39 \end{tabular} Total liabilities and stockholders" equity $323,600508,60071,900$992,900191,900$1,093,900$90,600150,690350,609725,100$1,315,100$2,409,900 $634,009598,00953,100$1,195,100 5,1,391,160196,00e $90,000150,000359,009793,100$1,385,100$2.776,200 a. Prepare a statement of cash flows for the Crosby Corporation: Note: Amounts to be deducted should be indicated with parentheses or a minus sign. b. Compute the book value per common share for both 201 and 202 for the Crosby Corporation. Note: Round your answers to 2 decimals places. b. Compute the book value per common share for both 201 and 202 for the Crosby Corporation. Note: Round your answers to 2 decimals places. c. If the market value of a share of common stock is 2.8 times book value for 202, what is the firm's P/E ratio for 202 ? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places

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