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Thank you! Please calculate and percenteges for all HW-Ch13 Question 15 of 15 0.58/2.5 begin{tabular}{|lrr|} hline Assets & 2022 & 2021 hline Cash &

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Thank you!

Please calculate and percenteges for all

HW-Ch13 Question 15 of 15 0.58/2.5 \begin{tabular}{|lrr|} \hline Assets & 2022 & 2021 \\ \hline Cash & $69,000 & $69,000 \\ \hline Debt investments (short-term) & 51,000 & 39,000 \\ Accounts receivable & 105,000 & 90,000 \\ Inventory & 230,000 & 168,000 \\ \hline Prepaid expenses & 24,000 & 26,000 \\ \hline \end{tabular} HW-Ch13 Question 15 of 15 \begin{tabular}{lrr|} Inventory & 230,000 & 168,000 \\ Prepaid expenses & 24,000 & 26,000 \\ Land & 129,000 & 129,000 \\ Building and equipment (net) & 262,000 & 183,000 \\ \hline Total assets & $870,000 & \\ \hline \end{tabular} jabilities and Stockholders' Equity HW-Ch13 Question 15 of 15 0.58/2.5 \begin{tabular}{lrr} \hline Liabilities and Stockholders' Equity & & \\ Notes payable (short-term) & $171,000 & $109,000 \\ Accounts payable & 66,000 & 52,000 \\ Accrued liabilities & 40,000 & 40,000 \\ Bonds payable, due 2025 & 252,000 & 172,000 \\ \hline Common stock, \$10 par & 205,000 & 205,000 \\ \hline Retained earnings & 136000 & 126,000 \\ \hline \end{tabular} HW-Ch13 Question 15 of 15 Bonas payanie, aue UJ Common stock, $10 par Retained earnings Total liabilities and stockholders' equity 0.58/2.5 i CRANE COMPANY Income Statements For the Years Ended Decemha: 21 HW-Ch13 Question 15 of 15 0.58/2.5 HW-Ch13 Question 15 of 15 0.58/2.5 i : 1. Inventory at the beginning of 2021 was $116,000. 2. Accounts receivable (net) at the beginning of 2021 were $88,000. 3. Total assets at the beginning of 2021 were $636,000. 4. No common stock transactions occurred during 2021 or 2022. All sales were on account. Compute the liquidity and profitability ratios of Crane Company for 2021 and 2022. (Round current ratio, asset turnover and earnings per share to 2 decimal places, e.g. 1.83 or 1.83%. Round accounts receivables turnover, inventory turnover, profit margin and return on assets to 1 decimal place, e.g. 1.8 or 1.8%. Round \% change to 0 decimal place, e.g. 25%. If \% change is a decrease show the numbers as negative, e.g. 25% or (25)\%.) HW-Ch13 Question 15 of 15 0.58/2.5 LIQUIDITY Current ratio 2021 2022 Accounts receivables turnover 1.72 Accounts receivables turnover Inventory turnover HW-Ch13 Question 15 of 15 0.58/2.5 PROFITABILITY Profit margin Asset turnover Return on assets Gemininspershare times % % times $ 244 % $ 2.24 The following are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2022, and (2) as of December 31, 2023, after giving effect to the situation. (Round return on common stockholders' equity and price earnings ratio to 1 decimal place, e.g. 1.8 or 1.8%. Round debt to assets ratio and \% change to 0 decimal place, e.g. 25%. If \% change a decrease show the numbers as negative. e.g. 25% or (25)\%.) HW-Ch13 Question 15 of 15 0.58/2.5 20,000 shares of common stock were sold at par on July 1, 2023. Net inc All of the notes payable were paid in 2023. All other liabilities remained The market price of common stock was $9 and $13 on December 31,20 2022 HW-Ch13 Question 15 of 15 0.58/2.5 s $53,000. r 31, 2022, levels. At December 31, 2023, total assets were $905,000. sectively. Net income for 2023 was $53,000. 2022 HW-Ch13 Question 15 of 15 0.58/2.53i 2022 Return on common stockholders' equity % Debt to assets ratio % Price earnings ratio times HW-Ch13 Question 15 of 15 0.58/2.5 \begin{tabular}{|lrr|} \hline Assets & 2022 & 2021 \\ \hline Cash & $69,000 & $69,000 \\ \hline Debt investments (short-term) & 51,000 & 39,000 \\ Accounts receivable & 105,000 & 90,000 \\ Inventory & 230,000 & 168,000 \\ \hline Prepaid expenses & 24,000 & 26,000 \\ \hline \end{tabular} HW-Ch13 Question 15 of 15 \begin{tabular}{lrr|} Inventory & 230,000 & 168,000 \\ Prepaid expenses & 24,000 & 26,000 \\ Land & 129,000 & 129,000 \\ Building and equipment (net) & 262,000 & 183,000 \\ \hline Total assets & $870,000 & \\ \hline \end{tabular} jabilities and Stockholders' Equity HW-Ch13 Question 15 of 15 0.58/2.5 \begin{tabular}{lrr} \hline Liabilities and Stockholders' Equity & & \\ Notes payable (short-term) & $171,000 & $109,000 \\ Accounts payable & 66,000 & 52,000 \\ Accrued liabilities & 40,000 & 40,000 \\ Bonds payable, due 2025 & 252,000 & 172,000 \\ \hline Common stock, \$10 par & 205,000 & 205,000 \\ \hline Retained earnings & 136000 & 126,000 \\ \hline \end{tabular} HW-Ch13 Question 15 of 15 Bonas payanie, aue UJ Common stock, $10 par Retained earnings Total liabilities and stockholders' equity 0.58/2.5 i CRANE COMPANY Income Statements For the Years Ended Decemha: 21 HW-Ch13 Question 15 of 15 0.58/2.5 HW-Ch13 Question 15 of 15 0.58/2.5 i : 1. Inventory at the beginning of 2021 was $116,000. 2. Accounts receivable (net) at the beginning of 2021 were $88,000. 3. Total assets at the beginning of 2021 were $636,000. 4. No common stock transactions occurred during 2021 or 2022. All sales were on account. Compute the liquidity and profitability ratios of Crane Company for 2021 and 2022. (Round current ratio, asset turnover and earnings per share to 2 decimal places, e.g. 1.83 or 1.83%. Round accounts receivables turnover, inventory turnover, profit margin and return on assets to 1 decimal place, e.g. 1.8 or 1.8%. Round \% change to 0 decimal place, e.g. 25%. If \% change is a decrease show the numbers as negative, e.g. 25% or (25)\%.) HW-Ch13 Question 15 of 15 0.58/2.5 LIQUIDITY Current ratio 2021 2022 Accounts receivables turnover 1.72 Accounts receivables turnover Inventory turnover HW-Ch13 Question 15 of 15 0.58/2.5 PROFITABILITY Profit margin Asset turnover Return on assets Gemininspershare times % % times $ 244 % $ 2.24 The following are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2022, and (2) as of December 31, 2023, after giving effect to the situation. (Round return on common stockholders' equity and price earnings ratio to 1 decimal place, e.g. 1.8 or 1.8%. Round debt to assets ratio and \% change to 0 decimal place, e.g. 25%. If \% change a decrease show the numbers as negative. e.g. 25% or (25)\%.) HW-Ch13 Question 15 of 15 0.58/2.5 20,000 shares of common stock were sold at par on July 1, 2023. Net inc All of the notes payable were paid in 2023. All other liabilities remained The market price of common stock was $9 and $13 on December 31,20 2022 HW-Ch13 Question 15 of 15 0.58/2.5 s $53,000. r 31, 2022, levels. At December 31, 2023, total assets were $905,000. sectively. Net income for 2023 was $53,000. 2022 HW-Ch13 Question 15 of 15 0.58/2.53i 2022 Return on common stockholders' equity % Debt to assets ratio % Price earnings ratio times

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