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Trim Corporation is the largest uniform supplier in North America Selected information from its annual report follows. For the 2016 fiscal year, the company reported

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Trim Corporation is the largest uniform supplier in North America Selected information from its annual report follows. For the 2016 fiscal year, the company reported sales revenue of $61 billion and Cost of Goods Sold of $4 3 billion 2016 2015 Fiscal Year Balance Sheet (amounts in millions) Cash and Cash Equivalents Accounts Receivable, not Inventory Prepaid Rent and other Current Assets Accounts Payable Salaries and wages Payable Notes Payable (short-ters) Other Current Liabilities 5540 860 330 295 218 520 $430 810 340 6640 100 520 28 320 116 28 Required: Assuming that all sales are on credit compute the following ratios for 2016. (Round your answers to 2 decimal places.) Current Ratio Inventory Turnover Ratio Accounts Receivable Turnover Rabo

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