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).)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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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