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Sharp Uniforms designs and manufactures uniforms for corporations throughout the United States and Canada. The company's stock is traded on the NASDAQ. Selected information

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Sharp Uniforms designs and manufactures uniforms for corporations throughout the United States and Canada. The company's stock is traded on the NASDAQ. Selected information from the company's financial statements follows. (assume that all sales were credit sales) SHARP (in millions) Current Year Prior Year Net revenue Select Income Statement Information Cost of goods sold Selling, general, and administrative expenses Interest expense $ 4,574 $ 4,338 2,670 2,551 1,314 1,244 94 92 Income tax expense Net income 244 217 396 348 Select Statement of Cash Flows Information Cash paid for interest Cash flows from operating activities Select Balance Sheet Information Cash and equivalents Marketable securities 76 80 663 586 535 396 - 17 Accounts receivable 530 538 Inventories 273 273 Prepaid expense and other current assets 48 36 Accounts payable 205 132 Current accrued expenses 432 386 Current portion of long-term debt 12 30 Other current liabilities 124 96 Long-term debt 1,355 1,323 Required: Compute the following ratios for the current year: (Round your answers to 2 decimal places.) Receivable turnover ratio Inventory turnover ratio Current ratio Cash ratio Times interest earned ratio Cash coverage ratio

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