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(Solved): E13-8 (Algo) Computing and Interpreting Liquidity Ratios [LO 13-4, LO 13-5] Widflower Styles is the ...
E13-8 (Algo) Computing and Interpreting Liquidity Ratios [LO 13-4, LO 13-5] Widflower Styles is the largest uniform supplier in North America. Selocted information from its annual report follows. For the 2019 fiscal year, the company reported sales revenue of $5.1 bilion and Cost of Goods Sold of $3.3 bilion. 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.]