Crane Company reported the following selected information at March $31.$

$2022$

Total current assets

$$227,150$

Total assets

$438,000$

Total current liabilities

$295,000$

Total liabilities

$386,316$

Net cash provided by operating activities

$63,900$

Calculate the current ratio, the debt to assets ratio, and free cash flow for March $31,2022.$ The company paid dividends of $$11,700$ and spent $$25,100$ on capital expenditures. $($Round current ratio and debt to assets ratio to $2$ decimal places, e$.$g$.15\mathrm{.}25.$ If answer is negative enter it with a negative sign preceding the number e$.$g$.-15,000$ or in parentheses e$.$g$.(15,000).)$

Answer rating: 100% (QA)

To calculate the current ratio debt to assets ratio and free cash flow for Crane Company as of ... View the full answer