Please help me with all answers thanku Camounts in thousands).Cash and cash equivalentsShort-term InvestmentsAccounts receivable, less allowance of $36 and $22,CINTAS CORPORATIONStatement of Financial PositionAs of May 31respectivelyInventories, netPrepaid expensesAccounts payableAccrued compensation and related liabilitiesAccrued liabilitiesDebt due within one yearCurrent ratioQuick ratioInventory turnover ratioReceivables tumover ratio2018$158.71.2212.78times5.04 times824.6300.334.4235.1160.7440.1Required:Compute the current ratio, quick ratio, inventory turnover ratio, and receivables turnover ratio (assuming that 50 percent of sales wereon credit) for 2018. (Do not round intermediate calculations. Round the final answers to 2 decimal places.)2017$189.324.2756.0298.232.1197.1169.6449.8382.9

INTRODUCTION Current ratio-The ability of a corporation to pay its current, or short-term,…

mounts in thousands) sh and cash equivalents ort-term investments counts receivable, less allowance of $36 and $22, respectively wentories, net spaid expenses counts payable. crued compensation and related liabilities. crued liabilities. at due within one year ired: pute the current ratio, quick ratio, inventory 2018 2017 $158.7 $189.3 24.2 824.6 756.0 300.3 298.2 34.4 32.1 235.1 197.1 160.7 169.6 440.1 449.8 382.9

mounts in thousands) sh and cash equivalents ort-term investments counts receivable, less allowance of $36 and $22, respectively wentories, net spaid expenses counts payable. crued compensation and related liabilities. crued liabilities. at due within one year ired: pute the current ratio, quick ratio, inventory 2018 2017 $158.7 $189.3 24.2 824.6 756.0 300.3 298.2 34.4 32.1 235.1 197.1 160.7 169.6 440.1 449.8 382.9

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity

Section: Chapter Questions

Problem 16P: Ratios Analyses: McCormick Refer to the information for McCormick above. Additional information for...

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