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Sharp Uniforms designs, manufactures, and implements corporate identity uniform programs that it rents or sells to customers throughout the United States and Canada. Selected information
Sharp Uniforms designs, manufactures, and implements corporate identity uniform programs that it rents or sells to customers throughout the United States and Canada. Selected information from the companys balance sheet follows.
SHARP (in millions) | |||||
Current Year | Last Year | ||||
Select Income Statement Information | |||||
Net revenue | $ | 4,576 | $ | 4,340 | |
Cost of goods sold | 2,673 | 2,553 | |||
Selling, general, and administrative expenses | 1,315 | 1,246 | |||
Interest expense | 96 | 94 | |||
Income tax expense | 245 | 220 | |||
Net income | 398 | 351 | |||
Select Statement of Cash Flows Information | |||||
Cash paid for interest | 77 | 81 | |||
Cash flows from operating activities | 668 | 589 | |||
Select Balance Sheet Information | |||||
Cash and equivalents | 537 | 400 | |||
Marketable securities | 18 | ||||
Accounts receivable | 532 | 541 | |||
Inventories | 275 | 276 | |||
Prepaid expense and other current assets | 50 | 37 | |||
Accounts payable | 210 | 133 | |||
Current accrued expenses | 437 | 390 | |||
Current portion of long-term debt | 13 | 32 | |||
Other current liabilities | 126 | 97 | |||
Long-term debt | 1,360 | 1,325 |
Receivable Turnover Ratio =?
Inventory Turnover Ratio = ?
Current Ratio =?
Cash Ratio = ?
Times Interest Earned Ratio -?
Cash Coverage = ?
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