question archive TIL View Policies Current Attempt in Progress The following information is provided for Crane Company and Swifty Corporation
TIL View Policies Current Attempt in Progress The following information is provided for Crane Company and Swifty Corporation
Subject:BusinessPrice: Bought3
TIL View Policies Current Attempt in Progress The following information is provided for Crane Company and Swifty Corporation. (in $ millions) Crane Company Swifty Corporation Net income 2022 $160 $425 Net sales 2022 1625 4590 Total assets 12/31/20 1085 2370 Total assets 12/31/21 1135 3160 Total assets 12/31/22 1150 4060 What is Crane's return on assets for 2022? (Round answer to 1 decimal place, e.g. 15.2.) O 140.0% O 14.0% O 14.1% O 13.9% View Policies Current Attempt in Progress A computer company has $3540000 in research and development costs. Before accounting for these costs, the net income of the company is $2540000. What is the amount of net income or loss before taxes after these research and development costs are accounted for? O $1000000 loss. $2540000 net income. $0. O Cannot be determined from the information provided.
