Question: Crane Company has these comparative balance sheet data: Additional information for 2025: 1. Net incorne was $28,000. 2. Sileron account were $400,000.5 sales returns and

 Crane Company has these comparative balance sheet data: Additional information for
2025: 1. Net incorne was $28,000. 2. Sileron account were $400,000.5 sales

Crane Company has these comparative balance sheet data: Additional information for 2025: 1. Net incorne was $28,000. 2. Sileron account were $400,000.5 sales returns and allowances amounted to $26,000. 3. Cost of goods sold was $200000. 4. Net cash provided ty operating activities was $50,000. 5. Cagital expenditures were $15,000, and cashdividends paid were $10,000 6. The bonds parable are due in 2038 . Compute the following ration at Decerbber 31, 2025. (Round curent ratio and imentory turnover to 2 decimal ploces, es. 1.83 and all other answers to 1 decimal ploce, es. 1. A. Uhe 365 dops for cakulation)

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