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Cintas designs manufactures, and implements corporate identity uniform programs that it rents or cells to customers throughout the united states and canada. The company's stock
Cintas designs manufactures, and implements corporate identity uniform programs that it rents or cells to customers throughout the united states and canada. The company's stock is trated on the NASDAQ and has provided investors with significant returns over the past few years. Selected information from the company's balance sheet follows. For 2007 the company reported sales revenue of $3,706,900 and cost of goods sold of $1,515,815. Compute the current ratio inventory turnover ratio and accounts receivable turnover ratio (assuming that 60 present of sales were credit)
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