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The following amounts were taken from the financial statements of Crane Company: Total assets 2020 $790000 2019 $900000

The following amounts were taken from the financial statements of Crane Company: Total assets 2020 $790000 2019 $900000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please help me with show all calculation thanku 

The following amounts were taken from the financial statements of Crane Company: Total assets Net sales Gross profit Net income Weighted average number of common shares outstanding Market price of common stock The profit margin ratio for 2020 is O 8%. 18%. 16%. O 7%. 2020 $790000 $900000 680000 600000 300000 54400 2019 $40 260000 110000 50000 50000 $36
Transcribed Image Text:The following amounts were taken from the financial statements of Crane Company: Total assets Net sales Gross profit Net income Weighted average number of common shares outstanding Market price of common stock The profit margin ratio for 2020 is O 8%. 18%. 16%. O 7%. 2020 $790000 $900000 680000 600000 300000 54400 2019 $40 260000 110000 50000 50000 $36
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