Crane's 2020 income statement included net sales of 104,000, cost of goods sold of 62,764, and...

 

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Crane's 2020 income statement included net sales of €104,000, cost of goods sold of €62,764, and net income of €14,560. Compute the following ratios for 2020. (Round profit margin to 0 decimal places, e.g. 16 or 16%. Round all other answers to 2 decimal places, e.g. 1.67.) a. b. d. C. Accounts receivable turnover e. f. 8. h. Current ratio i. Acid-test ratio Inventory turnover Profit margin Asset turnover Return on assets Return on ordinary shareholders' equity Debt to assets ratio :1 :1 times times % times de % de Land Buildings Accumulated depreciation-buildings Inventory Accounts receivable Cash Crane NV Statements of Financial Position December 31 Total assets Share capital-ordinary Retained earnings Accounts payable Total equity and liabilities: 2020 €20,800 72,800 (15,600) 10,400 22,880 4,472 €115,752 €74,880 25,272 15,600 €115,752 2019 €26,000 70,000 (10,000) 7,000 24,000 3,700 €120,700 €69,000 20,600 31,100 €120,700 Crane's 2020 income statement included net sales of €104,000, cost of goods sold of €62,764, and net income of €14,560. Crane's 2020 income statement included net sales of €104,000, cost of goods sold of €62,764, and net income of €14,560. Compute the following ratios for 2020. (Round profit margin to 0 decimal places, e.g. 16 or 16%. Round all other answers to 2 decimal places, e.g. 1.67.) a. b. d. C. Accounts receivable turnover e. f. 8. h. Current ratio i. Acid-test ratio Inventory turnover Profit margin Asset turnover Return on assets Return on ordinary shareholders' equity Debt to assets ratio :1 :1 times times % times de % de Land Buildings Accumulated depreciation-buildings Inventory Accounts receivable Cash Crane NV Statements of Financial Position December 31 Total assets Share capital-ordinary Retained earnings Accounts payable Total equity and liabilities: 2020 €20,800 72,800 (15,600) 10,400 22,880 4,472 €115,752 €74,880 25,272 15,600 €115,752 2019 €26,000 70,000 (10,000) 7,000 24,000 3,700 €120,700 €69,000 20,600 31,100 €120,700 Crane's 2020 income statement included net sales of €104,000, cost of goods sold of €62,764, and net income of €14,560.