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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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