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The comparative statements of Crane Company are presented here. CRANE COMPANY Income Statements For the Years Ended December 31 2022 Net sales $1,895,690 Cost of

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The comparative statements of Crane Company are presented here. CRANE COMPANY Income Statements For the Years Ended December 31 2022 Net sales $1,895,690 Cost of goods sold 1,067,055 Gross profit 828,635 Selling and administrative expenses 506,000 Income from operations 322,635 Other expenses and losses Interest expense 23,900 Income before income taxes 298,735 Income tax expense 94,005 Net income $ 204,730 2021 $1,756,500 1,012.000 744,500 485,000 259,500 21,900 237,600 74,900 $ 162,700 CRANE COMPANY Balance Sheets December 31 2022 2021 $ 59,048 74,000 123,800 127,900 384,748 663,000 $1,047,748 $ 64,200 50,000 108,800 7,400 340,400 534,300 $874,700 Assets Current assets Cash Debt investments (short-term) Accounts receivable Inventory Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock ($5 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 166,000 45,400 211,400 234,000 445,400 $151,400 43,900 195,300 214,000 409,300 290,000 312,348 602,348 $1,047,748 300,000 165,400 465,400 $874,700 All sales were on account. Net cash provided by operating activities for 2022 was $244,020. Capital expenditures were $135,000, and cash dividends were $57.782. Compute the following ratios for 2022. (Round current ratio, earnings per share and asset turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, eg. 18 or 25%. Use 365 days in calculation) times (e) Accounts receivable turnover (f) Average collection period days times (g) Inventory turnover (h) days Days in inventory times () Times interest earned 0) times Asset turnover de (k) Debt to assets ratio (1) Free cash flow $

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