Hope Manufacturing is the largest uniform supplier in North America. Selected information from its annual report follows. For the $2019$ fiscal year, the company reported sales revenue of $$4\mathrm{.}7$ billion and Cost of Goods Sold of $$2\mathrm{.}9$ billion.

Fiscal Year $20192018$

Balance Sheet $($amounts in millions$)$

Cash and Cash Equivalents $ $400$ $ $360$

Accounts Receivable, Net $580530$

Inventory $260270$

Prepaid Rent and Other Current Assets $585520$

Accounts Payable $140120$

Salaries and Wages Payable $380380$

Notes Payable $($short$-$term$)8814$

Other Current Liabilities $14250$

Required:

Assuming that all sales are on credit, compute the following ratios for $2019.($Do not round intermediate calculations. Round your final answers to $2$ decimal places.$)$Hope Manufacturing is the largest uniform supplier in North America. Selected information from its annual report follows. For the $2019$

fiscal year, the company reported sales revenue of $$4\mathrm{.}7$ billion and Cost of Goods Sold of $$2\mathrm{.}9$ billion.

Required:

Assuming that all sales are on credit, compute the following ratios for $2019.($Do not round intermediate calculations. Round your

final answers to $2$ decimal places.$)$