The 2020 financial statements of Crane Company contain the following selected data (in millions) Current assets $ 87 Total assets 171 Current liabilities 54 Total liabilities 62 Cash 5 Interest expense 5 Income taxes 8 Net income 13 The debt to assets ratio (rounded) is 8 1 times 2 76 36 3 62 1 ...

The debt to assets ratio is calculated as Total debts Total assets 62 171 363 The ...

The 2020 financial statements of Crane Company contain the following selected data (in millions). Current assets $

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The 2020 financial statements of Crane Company contain the following selected data (in millions).

Current assets	$87
Total assets	171
Current liabilities	54
Total liabilities	62
Cash	5
Interest expense	5
Income taxes	8
Net income	13

The debt to assets ratio (rounded) is

8.1 times.

2.76%.

36.3%.

62.1%.

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Fundamental Accounting Principles Volume II

ISBN: 978-1260305838

16th Canadian edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

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Posted Date: Apr 11, 2022 05:52 PM

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The 2020 financial statements of Crane Company contain the following selected data (in millions). Current assets $

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Fundamental Accounting Principles Volume II

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