Sharp Uniforms designs, manufactures, and implements corporate identity uniform programs that it rents or sells...

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Accounting

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 $ 4,580 $ 4,344
Cost of goods sold 2,679 2,557
Selling, general, and administrative expenses 1,317 1,250
Interest expense 100 98
Income tax expense 247 226
Net income 402 357
Select Statement of Cash Flows Information
Cash paid for interest 79 83
Cash flows from operating activities 678 595
Select Balance Sheet Information
Cash and equivalents 541 408
Marketable securities 20
Accounts receivable 536 547
Inventories 279 282
Prepaid expense and other current assets 54 39
Accounts payable 220 135
Current accrued expenses 447 398
Current portion of long-term debt 15 36
Other current liabilities 130 99
Long-term debt 1,370 1,329

Required:

Compute the following ratios: (Round your answers to 2 decimal places.)

Receviable turnover ratio, Inventory turnover ratio, current ratio, cash ratio, times interest earned ratio, cash coverage ratio.

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