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The comparative statements of Crane Company are presented here. Crane Company Income Statements For the Years Ended December 31 2022 2021 Net sales $1,813,600 $1,746,200

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The comparative statements of Crane Company are presented here. Crane Company Income Statements For the Years Ended December 31 2022 2021 Net sales $1,813,600 $1,746,200 Cost of goods sold 1,013,400 990,000 Gross profit 800,200 756,200 Selling and administrative expenses 514,800 474,000 Income from operations 285,400 282,200 Other expenses and losses Interest expense 17,400 14,400 Income before income taxes 268,000 267,800 Income tax expense 78,019 77,600 Net income $ 189,981 $ 190,200 pany Balance Sheets December 31 Assets 2022 2021 Current assets Cash $60,000 $64,700 Debt investments (short-term) 70,200 49,600 Accounts receivable (net) 117,400 101,100 Inventory 123,700 115,500 Total current assets 371,300 330,900 Plant assets (net) 598,900 523.900 Total assets $970,200 $854,800 Liabilities and Stockholders' Equity Current liabilities Accounts payable $160,800 $144,700 Income taxes payable 43,500 41.800 Total current liabilities 204,300 186,500 Bonds payable 220,000 200,000 Current liabilities Accounts payable $160,800 $144,700 41,800 186,500 200,000 386,500 Income taxes payable 43,500 Total current liabilities 204,300 Bonds payable 220,000 Total liabilities 424,300 Stockholders' equity Common stock ($5 par) 275,600 Retained earnings 270,300 Total stockholders' equity 545.900 Total liabilities and stockholders equity $970,200 300,100 168,200 468,300 $854,800 All sales were on credit . Net cash provided by operating activities for 2022 was $230,000. Capital expenditures were $136,000 and cash dividends paid were $87,881. Compute the following ratios for 2022. (Round Earnines per share. Current ratio and Accet humour in 2 Harimalac sort 25 (a) Earnings per share $ (b) Return on common stockholders' equity % c (c) Return on assets % (d) Current ratio 1 le) Accounts receivable turnover times (6) Average collection period days (8) Inventory turnover times (h) Days in inventory days (1) Times interest earned times 0) Asset turnover times (k) Debt to assets ratio % (1) Free cash flow

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