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The following information pertains to Crane Company Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were

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The following information pertains to Crane Company Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit Assets Cash and short-term investments $ 39000 Accounts receivable (net) 24000 Inventory 19000 Property, plant and equipment 205000 Total Assets $287000 Liabilities and Stockholders'Equity Current liabilities $ 40000 Long-term liabilities 102000 Stockholders' equity common 145000 Total Liabilities and Stockholders Equity $287000 Income Statement Sales revenue $34000 Cost of goods sold 44000 Gross profit 40000 Operating expenses 19000 Net income 521000 Number of shares of common stock 5000 Market price of common stock $18 0.90 Dividends per share on common stock Cinh provided by operations $29000 What is the current ratio for thin camaan? 0 205 0143 010 0 123

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