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5.00 points Cintas Corporation is the largest uniform supplier in North America. Selected information from its annual report follows. For the 2013 fiscal year, the
5.00 points Cintas Corporation is the largest uniform supplier in North America. Selected information from its annual report follows. For the 2013 fiscal year, the company reported sales revenue of $4.3 billion and Cost of Goods Sold of $2.5 billion. Fiscal Year Balance Sheet (amounts in millions) Cash Accounts Receivable, net Inventories Prepaid Rent Accounts Payable Salaries and Wages Payable Income Tax Payable Notes Payable (short-term) 2013 2012 $360 $340 500 450 240 250 525 480 120 100 340 340 10 10 230 80 Required Assuming that all sales are on credit, compute the following ratios for 2013. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Current Ratio Inventory Turnover Ratio Accounts Receivable Turnover Ratio
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