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The following information is available for Crane Company. 2017 2016 Current assets $ 56,700 $ 38,700 Total assets 242,700 207,700 Current liabilities 24,700 32,700 Total
The following information is available for Crane Company.
2017 | 2016 | |||
Current assets | $ 56,700 | $ 38,700 | ||
Total assets | 242,700 | 207,700 | ||
Current liabilities | 24,700 | 32,700 | ||
Total liabilities | 74,700 | 102,700 | ||
Net income | 82,700 | 42,700 | ||
Net cash provided by operating activities | 92,700 | 58,700 | ||
Preferred dividends | 8,700 | 8,700 | ||
Common dividends | 5,700 | 4,200 | ||
Expenditures on property, plant, and equipment | 29,700 | 14,700 | ||
Shares outstanding at beginning of year | 42,700 | 32,700 | ||
Shares outstanding at end of year | 77,700 | 42,700 |
(a) Compute earnings per share for 2017 and 2016 for Crane. (Round Earnings per share to 2 decimal places, e.g. $2.78.)
2017 | 2016 | |||
Earnings per share | $ | $ |
(b) Compute the current ratio and debt to assets ratio for each year. (Round answers to 2 decimal places, e.g. 15.25.)
2017 | 2016 | |||
Current ratio | :1 | :1 | ||
Debt to assets ratio | % | % |
(c) Compute free cash flow for each year.
2017 | 2016 | |||
Free cash flow | $ | $ |
Can you please solve, thanks!
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