Compute working capital and the current ratios for each company for 2022. (Round current ratio to 1 decimal place, e.g (

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Compute Working Capital And The Current Ratios For Each Company For 2022 Round Current Ratio To 1 Decimal Place E G 1 (81.7 KiB) Viewed 31 times

Compute working capital and the current ratios for each company for 2022. (Round current ratio to 1 decimal place, e.g (b) Crane Corporation $ Blue Corporation $ eTextbook and Media Save for Later Crane Corporation Working Capital Blue Corporation Debt to Assets Ratio Compute the debt to assets ratio for each company for 2022. (Round debt to assets ratio to 1 decimal place, e.g. 78.9%.) % Current Ratio % :1 :1 Attempts: 0 of 5 used S

Comparative financial statement data for Crane Corporation and Blue Corporation, two competitors, appear below. All balance sheet data are as of December 31, 2022. Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Plant assets (net) Current liabilities Long-term liabilities Crane Corporation 2022 $2,664,000 1,739,000 418,840 13,320 125,800 471,173 787,360 98,161 160,580 Blue Corporation 2022 $917,600 503,200 145,040 5,624 53,280 194,610 206,797 49,900 60,212