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Ti CRANE COMPANY Balance Sheets December 31 Assets 20222021 Current assets Liabilities and Stockholders' Equity Current liabilities Accounts payable $161,900$147,300 IncometaxespayableTotalcurrentliabilities44,900206,80043,400190,700 Bonds payable Total liabilities
Ti CRANE COMPANY Balance Sheets December 31 Assets 20222021 Current assets Liabilities and Stockholders' Equity Current liabilities Accounts payable $161,900$147,300 IncometaxespayableTotalcurrentliabilities44,900206,80043,400190,700 Bonds payable Total liabilities Stockholders' equity Common stock ( $5 par) 290,000300,000 Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $1,043,512$870,100 All sales were on account. Net cash provided by operating activities for 2022 was $250,425. Capital expenditures were $136,000, and cash dividends were $68,038 Compute the following ratios for 2022. (Round current ratio, earnings per share and asset turnover to 2 decimal places, e.g 1.83 and all other
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