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Posted on Jul 28, 2024

= B I U ste Format vfs H A D C Questions The answers to the questions below are to be handed in this week

= B I U ste Format vfs H A D C Questions The answers to the questions below are to be handed in this week along with your Excel files which will now include the two completed RATIOS worksheets. In order to complete some of the ratios and to answer many of these questions, you MAY need to search through the annual financial statements and elsewhere. Business and Financial Strategy While these two companies are in a similar business and are competitors, their financial strategies are dissimilar Describe each firm's business (what do they self? Who are their customers ?) 2 How do the financial STRATEGIES differ? 3 Given the similarities between the companies/industries, does the difference in financial strategies seem reasonable? 5 7 -B 19 20 21 22 Profitability Which firm has higher profit margins? Why do you think this is? 5 What is your view of CTAS'S ROE? Does it seem reasonable? 6 What is your view of VCF'S ROA? Does it seem reasonable? Efficiency Which firm utilizes sets more efficiently How do inventory levels compare? Which firm has a higher inventory turnover? Why do you think this is? 9 24 25 26 22 28 29 30 31 32 33 34 35 36 37 35 39 40 41 Leverage 10 11 12 What firm uses more debt in their capital structure? Compare the cash interest coverage ratio. Should either firm be worried? Based on the leverage and liquidity ratios, do you have any concerns with either firm? Liquidity 13 Based only on the current ratio, how do you feel about liquidity at both entities? Returns 14 15 What fum has a higher P/E ratio. Please interpret the P/E ratio. Does either may a dividend if not, why? Two key Questions 16 Would you lend to either of these entities? Why or why not? 17 Would you purchase stock of either of these entities? Why or why not? 46 45 4G AS 50 Questions CTAS Income Samt CTAS Balance Sheet CTAS Strnt of Cash Flow VFC Income Simt VFC Eats Ready Xan Marge & Center 2 Calibri 11 - AA- Copy B IU- A. Format x fx Consolidated Statements of Income - USD ($) $ in Thousands D 12 Months Ended May 31, 2019 May 31, 2020 Consolidated Statements of income USD (5) Sin Thousands May 31, 2018 55,643,494 1.441.626 7085, 120 $5,552,480 1339,873 6,892,300 $5.247,134 1.229,500 6.476,632 RE Uniform rental and facility services 5 Other 5 Tevenue 7 Costs and experien 8 Cost of uniform rental and facility services 9 Dost of other 10 Seling and administrative expenses 11 GRK Services, Inc. Integration expenses 12 Operating income Gain on sale of con method investment 14 Interest income 15 interest expense 10 income before income taxes Income Tax Expense Benett) 18 income from contine operations Los income from discontinued crime of tax benefit pe of $307), 5757 and $35.313. 19 respective 20 income 21 22 Basic earnings er here 23 Baskeamine per share as pershare 24 luted aigs per thare as dari per are doar per shared 26 Owieder der har Idollar per share) 22 28 23 30 21 3.055.145 796,227 2,071,052 0 1.162,696 0 988 105,393 1,058,291 181,931 876.360 323 3,027.599 736.116 1.980,640 14410 1,113,514 69,373 2.886,969 681,140 1.916,792 41.897 949.83 O -1,342 110.175 M1,001 57,089 783,932 58,654 101,736 1.102.199 219,764 882635 2.346 $875.637 $884,981 $82,586 8.36 8.25 7.7B L11 $ 2.55 7.99 52.05 7.56 $ 1.62 13 15 16 12 40 41 Questions CTAS income CTAS lance Sheet CTA Simt of Cash Flow VFO Income Stim Ready VFC Balance Sheet VFC Average 1 esc 38 F 90 DOS DOO IS 2 A 1 2 3 $ 4. % 5 6 Custom Wrap Text 11 A A Home Insert X out Calibri Copy B 1 Format 8 Xfx 32383 mi Merge & Center $ - B D C May 31, 2019 May 31, 2020 May 31, 2018 $ 145,402 870,369 408,898 770.411 0 114,619 2.309.699 1,403,065 214.847 2,870,020 451.529 159,967 260,758 7,669.85 $ 95,645 910,120 334589 784,133 7,475 103,318 2.236,280 1.430,685 192,346 2,842,441 494,595 $ 138,724 804,500 280, 107 702,261 19,634 32,383 1.977,932 1.382,730 175.581 2,846,888 545,768 Comolidated Balance Sheets - USD ISIS in Thousands Current 3. Carch and ash equivalents 4 Accounts Receivable, after Allowance for Credit Loss, Current 5 twentores, net 6 Uniforms and other rental items in service 7 income taxes, 8 Prepaid expenses and other current sets 9 Totalcarent assets 10 Property and equipment 11 vestments 12 Good 1 Service comincs.net 14 Operating lease right col-ute assets, bet 15 Ownet 16 Totalsts 17 Current abilities I counts payable 25 Acord compendradares 20 ruedas 21 income out 22 Operating as the current 2 Der within one year 24 current shoes 25 long term biex 25 Debt durante 22 Deco 78 Opening was 29 ruedas 10 Total long term Bob Shareholder equity pened to opera: 100,000 hores the one og Commen, Od 2010: 1791207 and ..hures 2018 184.739,626 reed und 11.284,401 has standing 240 315 7,436,662 29 315 6,958,214 230,995 327,412 456.65) 27.099 43,031 o 85,195 226,020 155,500 33.940 O 0 117,264 1.127.733 215,094 140 654 420,129 0 0 0 775-857 2.537,507 2.535,309 352,583 2,5TOS 3539 122.695 SOS 1449 450 310.522 3.300,00 277,041 3,165 01 35 1,102.689 4028 618,464 16 tra RT 2013 01.500.23 shes oder comprehens Staden and the 171.125 7,196 09 182.17 -151 12,303 $ 271,928 56912 -4717519 -39,153 3.002.721 57,436,42 245,211 3.837,27 201319 16 343 3,56 CIAS come St GTAS Balige Sheet CTA Stor Cash Flow Henry VG Income Sint VEC Balance She VICE esc 20 FI $ 4 % 2 3 Excel As View Formulas Data Review Home Gen = Wrap Test 11 A-A- Insert Page Layout Cut Calibri (Body) Copy B I U Format Xfx Marge & Center Paste M40 D E 12 Months Ended May 31, 2020 May 31, 2017 May 31, 2018 S60 3884,981 5842,585 233,631 116.40 110 110 235,905 141,145 115.435 9.220 0 0 - 16,252 215470 SES 112.835 O 0 96.400 -119.295 -69.373 1,200 31700 39,681 1 Consolidated Statements of Cash How USD 1515 in Thousands 3 Cash flows from operating activities 4 Neto 5 Matements to rendere intame neath provided by operating the & Deco 1 Anonition of intang bewanded correct.com be como song women 10 anal fact method we 11 none of 11 Deferred income 13 Change is current and best of acquisions of use koos receivable, et 15, 10 and other reserva pers and are urantanat desi 18 Mantap 18 Nemand mention and related 30 dies and other 21 Current 22wis provided by the 28 Gushtetromwing acties Captain s from empton e martua mendants 3 Phase of the series and 11 Poceeds from - Prodrome 12,123 -1100 2,99 -94,918 69019 50,220 100, 12.16 1.121 19.910 -64263 -3,323 4299 -15,536 35,275 1) Pred 24 43 1106 2.4 260 944100 1291 31020 226,719 0 -1741 -2210 17 -153,00 0 -30011 T10 0 0 53,20 1,200 98 13 SM -25. 235. 112 112.500 100 1. Oh - Chiew from financing wer, det 3d Men and windd Mertha 46Ohernet 550.000 200,000 SOS -36 65.17 -71094 - -9411 7. 1, 110 2. che 55 12 4ST 47,0 1174 10.54 G 3548 S124 SB One CITAS m CEAS Bwance she CTAS Stof Cash Flow VF Income Valances OSC BO Formulas Data Review View me Page Layout Insert Out General Wie Text Calibri 11 . A- A Copy Merge Center $ %) B IU- Format * Fox Income from continuing operations before income taxes D C 12 Months Ended Mar 30, 2019 Mar 26, 2020 Dec 30, 2017 $ 104ER 556 $10.26687 SA 684 149.24 1662.062 5 Consolidated Statements of income - USD 15) shares in Thousand, Sin Thousands Income Same Abstract Nervenues 5 Costs and operating expenses Cart of good sold 7 Sindrive per nament of owl To downgremes 10 Operating home 1 resin 12. onda tingut 14 ore paniet 15 Incontro concerns before income taxes 15 cm 17 metronooperation 10 comment of an 19 30 aming person share base 21 tamira per common sharbati, conching operations in USD perche -- mingi per common share-ave disconnued cocon USD per har Toti prehrane USD 4 tanning per commentarer 15 Centeroare det, om USD petre 14 Camins percorrere de operations in perware 22 Tutar por common threater the | weightart ourage thates attent Shell 10 ha) 4.690.520 4.547008 323,221 9,560751 927,805 10.07 92,043 -59,772 -68, 650 727208 05 625146 S 300 5679,449 4,656,325 4430,379 0 90705 1,190,182 15.000 107.738 0 7 SIL010 BR13 11,002 -101.974 o 6523 787.879 519.809 26.070 146,850 5614.923 LO 167,RT 10:420 389.366 $1259192 $150 0.13 12 5 2.20 0.99 S06 08 1.54 2.1) 1.37 0.1 31.10 066 08 395.41: 2951 39223 33 14 CIAS Cow We mogen VFC Baan het VFC SorCash es ** BO 3 A 7 2 # 3 $ 4 % 5 & 7 6 Q W lab E R T Excel Assignment 4 @ Data Review View Home Wrap Text Custom Insert Page Layout Formulas Cut Calibri 11AA Con- B 1 U Format :* fx 4673457 Merge Center $ % ) Paste C8 D E Mar 30, 2019 Mar 28, 2020 Dec 30, 2017 51.68028 1,308,051 $ 402.226 1.172.625 $566,075 1422,101 1,173 102 425,612 1 Comodated Balance Sheets - USD 1 Sin Thousands 2 Current 3 Cach and events Accounts receivable lowance for doubtful accounts of March 2020-537,019 March 2015 4. $19,000 5 ventas Oberurses 7 Current of continued to Tal current 9 Property.plant and somentet 10 wanget 11 G Operating seet 13 others 14 Obersets et discontinued open 15 TOTAL ASSETS 16 Current Short-term borrowing 18. Current portion of long terme 19 Account 20 Acous 21 Cable Tore Zong 24 Donating in lies 25 Os 26. O cortos 11 Cound.com 1.293.912 444 611,139 5.07.01 954.406 1854 54 1.156,019 1.273.514 MS7,751 0 1.705.171 296,712 402.065 4,392,124 1,002,100 2.089 781 1.692.644 4.673.457 6760 1.907457 1.291.684 0 26.482 639,612 10.356,785 781,250 0 9.958.502 122,12 I OLE 407005 1.200,22 126731 OGO 5263 489,600 1.125.22 382419 2.661,604 2115 1.234.31 25.500 729.114 6,165 755.589 114 110.752 2,745,200 2.167,780 2,000,00 1.000, 51 1.121.151 130513 J75.13 6.0829 38. 29 de Stockwitharth 25.000.000 bores March 2010 March 2009 025;rethod. 1.200.000,00 hores de Mar 2010 0 200 33.955 Micro 14 To SOLARES AND STOCHODES LOTY 410 wa 7.300 1714 511115 2014 03.02 11. 4.35 110 PS -921 1.0.1.145 L200 40 41 CTAS CIAS inch GTAS Cash V1 : kr Hy tr VFC Basheet Head V of a esc * FT 30 72 F DU GO4 15 2 # 3 $ 4 % 5 7 Home SIS = 11 Calibri (Body) | A- A+ = X cut Copy Wrap A U- I ili HO B Paste Merge Format N51 x & fx Q E A 12 Months Ended Mar 20, 2019 Mat. 28, 2020 Dec 30, 2017 5614923 59.49 50, 100 $1259,792 389,166 870.426 529 146 268.070 O 1 Consolidated Statements of Cash Flows. USOS in Thousands 2 OPERATING ACTIVITIES & income 5 come from discontinued operations, tot Encontro continuing operations 3 Ants to reconcile et Income to cash provided ined by operating sites Bogoti Deprecation and motion 30 Reduction in the wing amount of u Studenti 12 Prosinec Pothan contribution 14 Datered income 15 har oft 16 Left 230 32.723 262619 2,09 205 32,7 -2,787 -74499 59.772 0 255,729 0 34235 16.30 O 51 16,700 25.022 80,544 47,981 0 TITE 0 19,454 FOS -19, 122 -3 310 -470 - 7304 41. ASS Jam 106.500 20 7 SIZ s Orieperinge 15 Acebe 30 23 Apytle Res 78 Opera 25 and 2 Coperton Cahide yer and to 23 Gadbye 2NTING ACTIVITIES Lecce 31 Capital PRVE WEZ VPP DON 0 ONE o 20:00 107.52 L) 4417 LE TESTO 1.4HD MODE De D HE WIDE . WEITE 4 ORE 7.451 -30 LU 2 NON ACTIVI 1 ogte we a we RO ) re of two why OUW KAN LE LOR LIN LAIL . 20W PONT E Questions GTAS Income Sun CTAS Balance Sheet CTAS Stmt of Cash Flow VFC Income Samt Home Insert Wrap Text 10 A- AT X our Arial Merge & Center ill Copy . B I U- Paste Format es Xfx ="VFC Income Stmt'ID2 D B Cintas Ratio Analysis 1 2 3 4 Fiscal Year Ended Mar. 30, 2019 Dec. 30, 2017 Mar 28, 2020 LIQUIDITY PROFITABILITY 6 7 Current Ratio 8 Quick Ratio 9 10 11 12 Return on Equity 13 Return on Assets 14 Gross Profit Marin 15 Operating profit Martin 16 Net Prof Margin 17 18 19 A Turnover 10 vertory Turnover 21 A/P Torver 22 ed Asset Tumor 23 24 25 Debt/quity 25 LID/Total Capital Cathinterest Cover ASSET UFFICIENCY LEVERAGE SETURNS 30 Pierre day of the fiscal year 11 wings per here 12 PRE 3 Dividend annual Dividend Pwyout 35. Divided 37 43 Ostions GTAS Income Stvit GTAS Balance Sheet GTAS Sof Cash Flow VFC Income in VEC Stand Seady esc Formulas Data Review View Page Layout Home Insert X Cut Copy 11 Calibri (Body) AA Wrap Text B I U- . Paste Merge & Format B44 Xfx D B A 22 LEVERAGE 24 Debt/Equity 25 LTD/Total Capital 26 Cash Interest Coverage 27 28 RETURNS 29 Price Per share last day of the fiscal year) 30 Earnings per Share 31 P/E 32 Dividend annual 33 Dividend Payout Rate 34 Dividend Yield 35 35 39 41 42 44 45 46 2 50 53 55 VE V GO 45 utione GTAS income CTAS Balance Sheet CTAS Smt of Cash Flow VFC Income Sunt VI = B I U ste Format vfs H A D C Questions The answers to the questions below are to be handed in this week along with your Excel files which will now include the two completed RATIOS worksheets. In order to complete some of the ratios and to answer many of these questions, you MAY need to search through the annual financial statements and elsewhere. Business and Financial Strategy While these two companies are in a similar business and are competitors, their financial strategies are dissimilar Describe each firm's business (what do they self? Who are their customers ?) 2 How do the financial STRATEGIES differ? 3 Given the similarities between the companies/industries, does the difference in financial strategies seem reasonable? 5 7 -B 19 20 21 22 Profitability Which firm has higher profit margins? Why do you think this is? 5 What is your view of CTAS'S ROE? Does it seem reasonable? 6 What is your view of VCF'S ROA? Does it seem reasonable? Efficiency Which firm utilizes sets more efficiently How do inventory levels compare? Which firm has a higher inventory turnover? Why do you think this is? 9 24 25 26 22 28 29 30 31 32 33 34 35 36 37 35 39 40 41 Leverage 10 11 12 What firm uses more debt in their capital structure? Compare the cash interest coverage ratio. Should either firm be worried? Based on the leverage and liquidity ratios, do you have any concerns with either firm? Liquidity 13 Based only on the current ratio, how do you feel about liquidity at both entities? Returns 14 15 What fum has a higher P/E ratio. Please interpret the P/E ratio. Does either may a dividend if not, why? Two key Questions 16 Would you lend to either of these entities? Why or why not? 17 Would you purchase stock of either of these entities? Why or why not? 46 45 4G AS 50 Questions CTAS Income Samt CTAS Balance Sheet CTAS Strnt of Cash Flow VFC Income Simt VFC Eats Ready Xan Marge & Center 2 Calibri 11 - AA- Copy B IU- A. Format x fx Consolidated Statements of Income - USD ($) $ in Thousands D 12 Months Ended May 31, 2019 May 31, 2020 Consolidated Statements of income USD (5) Sin Thousands May 31, 2018 55,643,494 1.441.626 7085, 120 $5,552,480 1339,873 6,892,300 $5.247,134 1.229,500 6.476,632 RE Uniform rental and facility services 5 Other 5 Tevenue 7 Costs and experien 8 Cost of uniform rental and facility services 9 Dost of other 10 Seling and administrative expenses 11 GRK Services, Inc. Integration expenses 12 Operating income Gain on sale of con method investment 14 Interest income 15 interest expense 10 income before income taxes Income Tax Expense Benett) 18 income from contine operations Los income from discontinued crime of tax benefit pe of $307), 5757 and $35.313. 19 respective 20 income 21 22 Basic earnings er here 23 Baskeamine per share as pershare 24 luted aigs per thare as dari per are doar per shared 26 Owieder der har Idollar per share) 22 28 23 30 21 3.055.145 796,227 2,071,052 0 1.162,696 0 988 105,393 1,058,291 181,931 876.360 323 3,027.599 736.116 1.980,640 14410 1,113,514 69,373 2.886,969 681,140 1.916,792 41.897 949.83 O -1,342 110.175 M1,001 57,089 783,932 58,654 101,736 1.102.199 219,764 882635 2.346 $875.637 $884,981 $82,586 8.36 8.25 7.7B L11 $ 2.55 7.99 52.05 7.56 $ 1.62 13 15 16 12 40 41 Questions CTAS income CTAS lance Sheet CTA Simt of Cash Flow VFO Income Stim Ready VFC Balance Sheet VFC Average 1 esc 38 F 90 DOS DOO IS 2 A 1 2 3 $ 4. % 5 6 Custom Wrap Text 11 A A Home Insert X out Calibri Copy B 1 Format 8 Xfx 32383 mi Merge & Center $ - B D C May 31, 2019 May 31, 2020 May 31, 2018 $ 145,402 870,369 408,898 770.411 0 114,619 2.309.699 1,403,065 214.847 2,870,020 451.529 159,967 260,758 7,669.85 $ 95,645 910,120 334589 784,133 7,475 103,318 2.236,280 1.430,685 192,346 2,842,441 494,595 $ 138,724 804,500 280, 107 702,261 19,634 32,383 1.977,932 1.382,730 175.581 2,846,888 545,768 Comolidated Balance Sheets - USD ISIS in Thousands Current 3. Carch and ash equivalents 4 Accounts Receivable, after Allowance for Credit Loss, Current 5 twentores, net 6 Uniforms and other rental items in service 7 income taxes, 8 Prepaid expenses and other current sets 9 Totalcarent assets 10 Property and equipment 11 vestments 12 Good 1 Service comincs.net 14 Operating lease right col-ute assets, bet 15 Ownet 16 Totalsts 17 Current abilities I counts payable 25 Acord compendradares 20 ruedas 21 income out 22 Operating as the current 2 Der within one year 24 current shoes 25 long term biex 25 Debt durante 22 Deco 78 Opening was 29 ruedas 10 Total long term Bob Shareholder equity pened to opera: 100,000 hores the one og Commen, Od 2010: 1791207 and ..hures 2018 184.739,626 reed und 11.284,401 has standing 240 315 7,436,662 29 315 6,958,214 230,995 327,412 456.65) 27.099 43,031 o 85,195 226,020 155,500 33.940 O 0 117,264 1.127.733 215,094 140 654 420,129 0 0 0 775-857 2.537,507 2.535,309 352,583 2,5TOS 3539 122.695 SOS 1449 450 310.522 3.300,00 277,041 3,165 01 35 1,102.689 4028 618,464 16 tra RT 2013 01.500.23 shes oder comprehens Staden and the 171.125 7,196 09 182.17 -151 12,303 $ 271,928 56912 -4717519 -39,153 3.002.721 57,436,42 245,211 3.837,27 201319 16 343 3,56 CIAS come St GTAS Balige Sheet CTA Stor Cash Flow Henry VG Income Sint VEC Balance She VICE esc 20 FI $ 4 % 2 3 Excel As View Formulas Data Review Home Gen = Wrap Test 11 A-A- Insert Page Layout Cut Calibri (Body) Copy B I U Format Xfx Marge & Center Paste M40 D E 12 Months Ended May 31, 2020 May 31, 2017 May 31, 2018 S60 3884,981 5842,585 233,631 116.40 110 110 235,905 141,145 115.435 9.220 0 0 - 16,252 215470 SES 112.835 O 0 96.400 -119.295 -69.373 1,200 31700 39,681 1 Consolidated Statements of Cash How USD 1515 in Thousands 3 Cash flows from operating activities 4 Neto 5 Matements to rendere intame neath provided by operating the & Deco 1 Anonition of intang bewanded correct.com be como song women 10 anal fact method we 11 none of 11 Deferred income 13 Change is current and best of acquisions of use koos receivable, et 15, 10 and other reserva pers and are urantanat desi 18 Mantap 18 Nemand mention and related 30 dies and other 21 Current 22wis provided by the 28 Gushtetromwing acties Captain s from empton e martua mendants 3 Phase of the series and 11 Poceeds from - Prodrome 12,123 -1100 2,99 -94,918 69019 50,220 100, 12.16 1.121 19.910 -64263 -3,323 4299 -15,536 35,275 1) Pred 24 43 1106 2.4 260 944100 1291 31020 226,719 0 -1741 -2210 17 -153,00 0 -30011 T10 0 0 53,20 1,200 98 13 SM -25. 235. 112 112.500 100 1. Oh - Chiew from financing wer, det 3d Men and windd Mertha 46Ohernet 550.000 200,000 SOS -36 65.17 -71094 - -9411 7. 1, 110 2. che 55 12 4ST 47,0 1174 10.54 G 3548 S124 SB One CITAS m CEAS Bwance she CTAS Stof Cash Flow VF Income Valances OSC BO Formulas Data Review View me Page Layout Insert Out General Wie Text Calibri 11 . A- A Copy Merge Center $ %) B IU- Format * Fox Income from continuing operations before income taxes D C 12 Months Ended Mar 30, 2019 Mar 26, 2020 Dec 30, 2017 $ 104ER 556 $10.26687 SA 684 149.24 1662.062 5 Consolidated Statements of income - USD 15) shares in Thousand, Sin Thousands Income Same Abstract Nervenues 5 Costs and operating expenses Cart of good sold 7 Sindrive per nament of owl To downgremes 10 Operating home 1 resin 12. onda tingut 14 ore paniet 15 Incontro concerns before income taxes 15 cm 17 metronooperation 10 comment of an 19 30 aming person share base 21 tamira per common sharbati, conching operations in USD perche -- mingi per common share-ave disconnued cocon USD per har Toti prehrane USD 4 tanning per commentarer 15 Centeroare det, om USD petre 14 Camins percorrere de operations in perware 22 Tutar por common threater the | weightart ourage thates attent Shell 10 ha) 4.690.520 4.547008 323,221 9,560751 927,805 10.07 92,043 -59,772 -68, 650 727208 05 625146 S 300 5679,449 4,656,325 4430,379 0 90705 1,190,182 15.000 107.738 0 7 SIL010 BR13 11,002 -101.974 o 6523 787.879 519.809 26.070 146,850 5614.923 LO 167,RT 10:420 389.366 $1259192 $150 0.13 12 5 2.20 0.99 S06 08 1.54 2.1) 1.37 0.1 31.10 066 08 395.41: 2951 39223 33 14 CIAS Cow We mogen VFC Baan het VFC SorCash es ** BO 3 A 7 2 # 3 $ 4 % 5 & 7 6 Q W lab E R T Excel Assignment 4 @ Data Review View Home Wrap Text Custom Insert Page Layout Formulas Cut Calibri 11AA Con- B 1 U Format :* fx 4673457 Merge Center $ % ) Paste C8 D E Mar 30, 2019 Mar 28, 2020 Dec 30, 2017 51.68028 1,308,051 $ 402.226 1.172.625 $566,075 1422,101 1,173 102 425,612 1 Comodated Balance Sheets - USD 1 Sin Thousands 2 Current 3 Cach and events Accounts receivable lowance for doubtful accounts of March 2020-537,019 March 2015 4. $19,000 5 ventas Oberurses 7 Current of continued to Tal current 9 Property.plant and somentet 10 wanget 11 G Operating seet 13 others 14 Obersets et discontinued open 15 TOTAL ASSETS 16 Current Short-term borrowing 18. Current portion of long terme 19 Account 20 Acous 21 Cable Tore Zong 24 Donating in lies 25 Os 26. O cortos 11 Cound.com 1.293.912 444 611,139 5.07.01 954.406 1854 54 1.156,019 1.273.514 MS7,751 0 1.705.171 296,712 402.065 4,392,124 1,002,100 2.089 781 1.692.644 4.673.457 6760 1.907457 1.291.684 0 26.482 639,612 10.356,785 781,250 0 9.958.502 122,12 I OLE 407005 1.200,22 126731 OGO 5263 489,600 1.125.22 382419 2.661,604 2115 1.234.31 25.500 729.114 6,165 755.589 114 110.752 2,745,200 2.167,780 2,000,00 1.000, 51 1.121.151 130513 J75.13 6.0829 38. 29 de Stockwitharth 25.000.000 bores March 2010 March 2009 025;rethod. 1.200.000,00 hores de Mar 2010 0 200 33.955 Micro 14 To SOLARES AND STOCHODES LOTY 410 wa 7.300 1714 511115 2014 03.02 11. 4.35 110 PS -921 1.0.1.145 L200 40 41 CTAS CIAS inch GTAS Cash V1 : kr Hy tr VFC Basheet Head V of a esc * FT 30 72 F DU GO4 15 2 # 3 $ 4 % 5 7 Home SIS = 11 Calibri (Body) | A- A+ = X cut Copy Wrap A U- I ili HO B Paste Merge Format N51 x & fx Q E A 12 Months Ended Mar 20, 2019 Mat. 28, 2020 Dec 30, 2017 5614923 59.49 50, 100 $1259,792 389,166 870.426 529 146 268.070 O 1 Consolidated Statements of Cash Flows. USOS in Thousands 2 OPERATING ACTIVITIES & income 5 come from discontinued operations, tot Encontro continuing operations 3 Ants to reconcile et Income to cash provided ined by operating sites Bogoti Deprecation and motion 30 Reduction in the wing amount of u Studenti 12 Prosinec Pothan contribution 14 Datered income 15 har oft 16 Left 230 32.723 262619 2,09 205 32,7 -2,787 -74499 59.772 0 255,729 0 34235 16.30 O 51 16,700 25.022 80,544 47,981 0 TITE 0 19,454 FOS -19, 122 -3 310 -470 - 7304 41. ASS Jam 106.500 20 7 SIZ s Orieperinge 15 Acebe 30 23 Apytle Res 78 Opera 25 and 2 Coperton Cahide yer and to 23 Gadbye 2NTING ACTIVITIES Lecce 31 Capital PRVE WEZ VPP DON 0 ONE o 20:00 107.52 L) 4417 LE TESTO 1.4HD MODE De D HE WIDE . WEITE 4 ORE 7.451 -30 LU 2 NON ACTIVI 1 ogte we a we RO ) re of two why OUW KAN LE LOR LIN LAIL . 20W PONT E Questions GTAS Income Sun CTAS Balance Sheet CTAS Stmt of Cash Flow VFC Income Samt Home Insert Wrap Text 10 A- AT X our Arial Merge & Center ill Copy . B I U- Paste Format es Xfx ="VFC Income Stmt'ID2 D B Cintas Ratio Analysis 1 2 3 4 Fiscal Year Ended Mar. 30, 2019 Dec. 30, 2017 Mar 28, 2020 LIQUIDITY PROFITABILITY 6 7 Current Ratio 8 Quick Ratio 9 10 11 12 Return on Equity 13 Return on Assets 14 Gross Profit Marin 15 Operating profit Martin 16 Net Prof Margin 17 18 19 A Turnover 10 vertory Turnover 21 A/P Torver 22 ed Asset Tumor 23 24 25 Debt/quity 25 LID/Total Capital Cathinterest Cover ASSET UFFICIENCY LEVERAGE SETURNS 30 Pierre day of the fiscal year 11 wings per here 12 PRE 3 Dividend annual Dividend Pwyout 35. Divided 37 43 Ostions GTAS Income Stvit GTAS Balance Sheet GTAS Sof Cash Flow VFC Income in VEC Stand Seady esc Formulas Data Review View Page Layout Home Insert X Cut Copy 11 Calibri (Body) AA Wrap Text B I U- . Paste Merge & Format B44 Xfx D B A 22 LEVERAGE 24 Debt/Equity 25 LTD/Total Capital 26 Cash Interest Coverage 27 28 RETURNS 29 Price Per share last day of the fiscal year) 30 Earnings per Share 31 P/E 32 Dividend annual 33 Dividend Payout Rate 34 Dividend Yield 35 35 39 41 42 44 45 46 2 50 53 55 VE V GO 45 utione GTAS income CTAS Balance Sheet CTAS Smt of Cash Flow VFC Income Sunt VI