the comparative statement of crane co are presented here.

crane co

income statement

for the year end Dec 31

2022 2021

Net sales 1,810,000 1,745,000

cost of goods sold 1,005,000 970,000

Gross profit 805,000 775,000

selling and administrative expenses 511,000 472,000

income from operations 294,000 303,000

other expenses and losses

interest expense 17,000 13,000

income before income taxes 277,000 290,000

income tax expense 77,500 76,000

net income 199,500 214,000

Crane Co

Balance sheet

Dec 31

Assets 2022 2021

current assets

cash 59,000 63,000

debt investments(short-term) 68,000 49,000

A/R(net) 116,000 101,000

inventory 122,000 114,000

total current assets 365,000 327,000

plant assets(net) 595,000 515,000

total assets 960,000 842,000

Liabilities and Stockholders' equity

current liabilities

A/P 159,000 144,000

income taxes payable 42,000 41,000

total current liabilities 201,000 185,000

bonds payable 220,000 200,000

total liabilities 421,000 385,000

stockholders' equity

common stock ($5 par) 275,000 295,000

retained earnings 264,000 162,000

total stockholders' equity 539,000 457,000

total liabilities and stockholders' equity 960,000 842,000

all sales were on credit. Net cash provided by operating activities for 2022 was 257,000. Capital expenditures were 123,000, and cash dividends paid were 97,500.

Compute the following ratios for 2022

a) earnings per share $

b) return on common stockholders' equity %

c) return on assets %

d) current ratio ;1

e) accounts receivable turnover times

f) average collection period days

g)inventory turnover times

h)days in inventory days

I)times interest earned times

j)asset turnover times

k)debt to assets ratio %

l)Free cash flow $