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The following information comes from the accounting records ofCrane Ltd.: 2022 2023 2024 Statement of Financial Position Assets Cash $34,400 $31,000 $37,000 Accounts receivable 100,900

The following information comes from the accounting records ofCrane Ltd.: 2022 2023 2024 Statement of Financial Position Assets Cash $34,400 $31,000 $37,000 Accounts receivable 100,900 120,000 167,000 Inventory 165,000 197,000 189,000 Capital assets (net) 648,000 672,000 757,000 Other assets 347,000 313,000 404,000 $1,295,300 $1,333,000 $1,554,000 Liabilities and shareholders equity Accounts payable $150,000 $171,000 $189,000 Long-term debt 301,000 326,000 517,000 Common shares 792,000 792,000 792,000 Retained earnings 52,300 44,000 56,000 $1,295,300 $1,333,000 $1,554,000 Statement ofIncome Sales $1,043,000 $1,198,000 $1,351,000 Cost of goods sold 750,960 850,580.0 945,700 Other expenses 260,750 275,540 324,240 31,290 71,880 81,060 Income tax 17,000 17,970 24,318 Net income $14,290 $53,910 $56,742 based on the above information. analyze the company's use of leverage from 2022 to 2024 (Round answer to 1 decimal place, for e.g. 15.1%. 2022 2023 2024 Debt to equity % % % Return on assets % % % Return on equity % % %

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