Question: Presented below is information for Crane Co. for the month of January 2022. Cost of goods sold $204,700 Rent expense Freight-out 8,700 Sales discounts Insurance

 Presented below is information for Crane Co. for the month of
January 2022. Cost of goods sold $204,700 Rent expense Freight-out 8,700 Sales
discounts Insurance expense 14,200 Sales returns and allowances Salaries and wages expense
63,800 Sales revenue Income tax expense 5,200 Other comprehensive income (net of

Presented below is information for Crane Co. for the month of January 2022. Cost of goods sold $204,700 Rent expense Freight-out 8,700 Sales discounts Insurance expense 14,200 Sales returns and allowances Salaries and wages expense 63,800 Sales revenue Income tax expense 5,200 Other comprehensive income (net of $400 tax) $34,200 9,000 17,100 395,000 2,000 Prepare an income statement using the multiple-step format. CRANE CO. Income Statement Prepare an income statement using the multiple-step format. CRANE CO. Income Statement Prepare a comprehensive income statement. CRANE CO. Comprehensive Income Statement Calculate the profit margin and the gross profit rate. (Round answers to 1 Profit margin Compute the current ratio and debt to assets ratio. (Round answers to 1 decimal place, e.g. 15.2.) Current ratio Debt to assets ratio

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