The comparative statements of Crane Company are presented here. CRANE COMPANY Income Statements For the Years Ended December 31 2016 2017 $1,756,500 $1,896,540 Net sales 1,012,000 1,064,540 Cost of goods sold 744,500 832,000 Gross profit 485,000 506,000 Selling and administrative expenses 259,500 326,000 Income from operations Other expenses and losses 21,900 23,900 Interest expense 237,600 302,100 Income before income taxes 74,900 93,900 Income tax expense $ 208,200 $162,700 Net income CRANE COMPANY Balance Sheets December 31 Assets 2017 2016 Current assets $ 60,100 Cash $64,200 Debt investments (short-term) 74,000 50,000 Accounts receivable 123,800 108,800 Inventory 127,900 117,400 Total current assets 385,800 340,400 Plant assets (net) 663,000 534,300 Total assets $1,048,800 $874,700 Liabilities and Stockholders' Equity Current liabilities Accounts payable $166,000 $151,400 Income taxes payable 45,400 43,900 Total current liabilities 211,400 195,300 Bonds payable 234,000 214,000 Total liabilities 445,400 409,300 Stockholders' equity Common stock ($5 par) 290,000 300,000 Retained earnings 313,400 165,400 Total stockholders' equity 603,400 465,400 Total liabilities and stockholders' equity $1,048,800 $874,700 All sales were on account. Net cash provided by operating activities for 2017 was $251,000. Capital expenditures were $135,000, and cash dividends were $60,200 Compute the following ratios for 2017. (Round current ratio, earnings per share and asset tornover to 2 decimal places, e.q 1.83 and all other answers to I decimal place, e.q. 1.8 or 7.5%, ses 365 days in calculation.) (a) Eanings per share (b) Return on common stockholders eguty (c) Return on assets (d) Current ratio (e) Accounts receivable turnoven tmes () Average collection period days (a) Inventory turnover times (h) Days in inwentory days Times interest earned times ( (0 Asset tunove times () Debt to ansets ratio (0 Free cash flow