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Crane Company reported the following selected information at March 31. Total current assets Total assets Total current liabilities Total liabilities Net cash provided by operating activities 2022 $227,150 438,000 295,000 386,316 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, eg 15.25. If answer is negative enter it with a negative sign preceding the number e.g.-15,000 or in parentheses e.g. (15,000).)

Crane Company reported the following selected information at March 31. Total current assets Total assets Total current liabilities Total liabilities Net cash provided by operating activities 2022 $227,150 438,000 295,000 386,316 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, eg 15.25. If answer is negative enter it with a negative sign preceding the number e.g.-15,000 or in parentheses e.g. (15,000).)

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
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Problem 50E: Juroe Company provided the following income statement for last year: Juroes balance sheet as of...
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Crane Company reported the following selected information at March 31. Total current assets Total assets Total current liabilities Total liabilities Net cash provided by operating activities 2022 $227,150 438,000 295,000 386,316 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, eg 15.25. If answer is negative enter it with a negative sign preceding the number e.g.-15,000 or in parentheses e.g. (15,000).)
Transcribed Image Text:Crane Company reported the following selected information at March 31. Total current assets Total assets Total current liabilities Total liabilities Net cash provided by operating activities 2022 $227,150 438,000 295,000 386,316 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, eg 15.25. If answer is negative enter it with a negative sign preceding the number e.g.-15,000 or in parentheses e.g. (15,000).)
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