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Clintas Corporation designs, manufactures, and implements corporate identity unlform programs that it rents or sells to customers throughout the United States and Canada. The company's

Clintas Corporation designs, manufactures, and implements corporate identity unlform programs that it rents or sells to customers throughout the United States and Canada. The company's stock is traded on the NASDAQ and has provided investors with signlficant ROEs over the past few years. Selected Information from the company's financlal statements follows.
\table[[\table[[CINTAS CORPORATION],[(in millions)]],Current Year,Prior,- Year],[Select Statenent of Earnings Information,,,],[Net revenue,$7,854.5,,],[Cost of sales,4,222.2,,],[Selling, general, and adninistrative expenses,2,044.9,,],[Interest expense, net,88.6,,],[Income tax expense,263.0,,],[Net earnings,1,235.8,,],[Select Statement of Cash Flows Infornation,,,],[Cash paid for interest,81.4,,],[Cash flows from operating activities,1,537.6,,],[Select Statenent of Financial Position Information,,,],[Cash and cash equivalents,90.5,$,493.6],[Accounts receivable, net,1,0e6.2,,991.7],[Inventories, net,472.2,,481.8],[Uniforms and other rental items in service,916.7,,810.1],[Income taxes receivable, current,21.7,,22.3],[Prepaid expenses and other current assets,124.7,,133.8],[Accounts payable,251.5,,230.8],[Accrued compensation and related liabilities,237.0,,241.5],[Accrued liabilities,588.9,,518.9],[Operating lease liabilities, current,43.9,,43.9],[Debt due within one year,311.6,,899.1]]
Required:
Compute the following ratios for the current year: recelvables turnover ratlo (assuming that all sales were on credit), Inventory turnover ratio, current ratio, quick ratlo, and times Interest eamed ratio. Comment on the liquidity position of the company. The reported Interest expense is net of $0.2 million In Interest Income. (Do not round intermedlate calculations. Round the final answers to 2 decimal places.)
\table[[Receivables turnover ratio,times],[Inventoryturnover,times],[Current ratio,],[Quick ratio,]]
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