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(Solved): E13-8 (Algo) Computing and Interpreting Liquidity Ratios [LO 13-4, LO 13-5] Hope Manufacturing is t ...




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E13-8 (Algo) Computing and Interpreting Liquidity Ratios [LO 13-4, LO 13-5] Hope Manufacturing is the largest unifotm supplier in North America. Selected information from its annual report follows. For the 2019 fiscal year, the company reported sales revenue of billion and Cost of Goods Sold of billion. Required: Required: Assuming that all sales are on credit, compute the following ratios for 2019. (Do not round intermediate calculations. Round your final answers to 2 decimal places.)


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