Cintas Corporation is the largest uniform supplier in North America. Selected information from its annual report follows. For the 2016 fiscal year, the company reported sales revenue of $4.9 billion and Cost of Goods Sold of $2.1 billion.

Fiscal Year	2016				2015
Balance Sheet (amounts in millions)
Cash and Cash Equivalents		$	210			$	435
Accounts Receivable, net			560				500
Inventories			250				230
Prepaid Rent and Other Current Assets			570				570
Accounts Payable			115				110
Salaries and Wages Payable			100				90
Notes Payable (short-term)			250				0
Other Current Liabilities			350				310

Required: Assuming that all sales are on credit, compute the following ratios for 2016

current ratio,inventory turnover ratio,accounts receivable turnover ratio

2.Dollar General Corporation operates general merchandise stores that feature quality merchandise at low prices to meet the needs of middle-, low-, and fixed-income families in southern, eastern, and midwestern states. For the year ended January 29, 2016, the company reported average inventories of $2,900 (in millions) and an inventory turnover of 4.83. Average total fixed assets were $2,190 (million) and the fixed asset turnover ratio was 9.32. Required:

1. 1-a. Calculate Dollar Generals net sales and cost of goods sold.
2. 1-b. Compute the gross profit percentage.
3. 2. Is this an improvement from the gross profit percentage of 30.7 percent earned during the previous year?