The condensed financial statements of Crane Company for the years 2020-2021 are presented below:

Crane Company Comparative Balance Sheets As of December 31, 2020 and 2021
		2021			2020
Cash		$600,000			$181,000
Accounts receivable (net)		509,000			413,000
Inventories		573,000			503,000
Plant and equipment		2,715,000			1,618,000
Accumulated depreciation		(389,000	)		(220,000	)
		$4,008,000			$2,495,000
Accounts payable		$503,000			$245,000
Dividends payable		-0-			62,000
Bonds payable		612,000			-0-
Common stock ($10 par)		2,231,000			1,769,000
Retained earnings		662,000			419,000
		$4,008,000			$2,495,000

Additional data:
	Market value of stock at 12/31/21 is $80 per share.
	Crane sold 40,000 shares of common stock at par on July 1, 2021.

Crane Company Condensed Income Statement For the Year Ended December 31, 2021
Sales revenue		$3,566,000
Cost of goods sold		2,415,000
Gross profit		1,151,000
Administrative and selling expenses		747,000
Net income		$404,000

Compute the following financial ratios by placing the proper amounts for numerators and denominators. (Rou

The condensed financial statements of Crane Company for the years 2020-2021 are presented below: Crane Company Comparative Balance Sheets As of December 31, 2020 and 2021 2021 2020 Cash $600,000 $181,000 Accounts receivable (net) 509,000 413,000 Inventories 573,000 503,000 Plant and equipment 2,715,000 1,618,000 Accumulated depreciation (389,000) (220,000) $4,008,000 $2,495,000 Accounts payable $503,000 $245,000 Dividends payable -0 62,000 Bonds payable 612,000 -0- Common stock ($10 par) 2,231,000 1,769,000 Retained earnings 662,000 419,000 $4,008,000 $2,495,000 Additional data: Market value of stock at 12/31/21 is $80 per share. Crane sold 40,000 shares of common stock at par on July 1, 2021. Crane Company Condensed Income Statement For the Year Ended December 31, 2021 Sales revenue $3,566,000 Cost of goods sold 2,415,000 Gross profit 1,151,000 Administrative and selling expenses 747,000 Net income $404,000 Compute the following financial ratios by placing the proper amounts for numerators and denominators. (Round per unit answers to 2 decimal places, e.g. 52.75.) $! (a) Current ratio at 12/31/21 $ (b) Acid test ratio at 12/31/21 $ $ (c) Accounts receivable turnover in 2021 $ $ (d) Inventory turnover in 2021 $ $ (e) Profit margin on sales in 2021 $ $ (f) Earnings per share in 2021 (9) Return on common stockholders' equity in 2021 $ $ (h) Price earnings ratio at 12/31/21 $ $ (0) Debt assets at 12/31/21 $ $ 0) Book value per share at 12/31/21