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These financial statement items are for Crane Company at year-end, July 31, 2025. Prepare an income statement for the year, (Enter negotive amounts using either

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These financial statement items are for Crane Company at year-end, July 31, 2025. Prepare an income statement for the year, (Enter negotive amounts using either a negotive sign preceding the number es. -45 or parentheses e g. (45).) Prepare a retained earnings statement for the year, Crane Company did not issue any new stock during the year. Prepare a classified balance sheet at July 31. (List Current Assets in order of liquidity.) Prepare a classified balancesheet at July 31. (List Current Assets in order of liquidity.) CRANE COMPANY Balance Sheet Assets $ 5 : : : : $ Liabilities and Stockholders' Equity Compute the current ratio and debt to assets ratio. (Round answers to 1 decimal place, e.g. 15.2:1 or 15.2%. ) Current ratio :1 Debt to assets ratio %

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