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9 E13-12 (Algo) Computing Asset Turnover, Liquidity, and Solvency Ratlos LO 13-5, 136, 13.7 2 points Sharp Uniforms designs and manufactures uniforms for corporations throughout

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9 E13-12 (Algo) Computing Asset Turnover, Liquidity, and Solvency Ratlos LO 13-5, 136, 13.7 2 points Sharp Uniforms designs and manufactures uniforms for corporations throughout the United States and Canada. The company's too is traded on the NASDAQ. Selected Information from the company's financial statements follows assume that all sales weet sales) SI in millions Year TE 14.566 2. 4:33 2.50 1.25 106 250 2 693 547 Select Income Statement Information et revenge Cost of goods sold Belling, goneral and administrative expenses Interest expense Income tax expense Net Income Select Statenent of Cash Love Information Cash paid for interest Cash flows from operating activities Select Balance Sheet Intonio Cash and equivalente Marketable securities Accounts receivable Tuventories Prepaid expense and other current sets Accounts payable Current accrued expenses Current portion of long-term debt Other current liabilities Long-ter debt 502 23 55 201 462 10 102 1,333 1.355 Nad > 9 of 10

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