Walnut Affiliates is the largest uniform supplier in North America. Selected information from its annual...
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Walnut Affiliates is the largest uniform supplier in North America. Selected information from its annual report follows. For the 2019 flscal year, the company reported sales revenue of $4.9 billion and Cost of Goods Sold of $3.1 billion. Required: Assuming that all sales are on credit, compute the following ratios for 2019. Note: Do not round intermediate calculations. Round your final answers to 2 decimal places
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