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Berry Companies is the largest uniform supplier in North America. Selected Information from its annual report follows. F
Posted: Thu May 19, 2022 1:58 pm
by answerhappygod
- Berry Companies Is The Largest Uniform Supplier In North America Selected Information From Its Annual Report Follows F 1 (29.86 KiB) Viewed 57 times
Berry Companies is the largest uniform supplier in North America. Selected Information from its annual report follows. For the 2019 fiscal year, the
company reported sales revenue of $4.8 billion and Cost of Goods Sold of $3.0 billion. 2019 2018 Fiscal Year Balance Sheet (amounts in millions) Cash and Cash Equivalents Accounts Receivable, Net Inventory Prepaid Rent and Other Current Assets Accounts Payable Salaries and Wages Payable Notes Payable (short-term) Other Current Liabilities $ 410 600 265 600 145 390 98 15 $ 365 55e 275 530 125 390 15 255 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.) Current Ratio Inventory Turnover Ratio Accounts Receivable Turnover Ratio