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  • Cintas Corporation Is The Largest Uniform Supplier in North America

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    Taimur Technologist
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    Cintas Corporation is the largest uniform supplier in North America, generating $2.6 billion in sales revenue for fiscal year 2010. It reported a cost of goods sold of $1.5 billion. The document provides financial ratios for Cintas for 2010 including the current ratio, inventory turnover ratio, and accounts receivable turnover ratio to analyze the company's liquidity, inventory management, and ability to collect on credit sales.

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    Cintas Corporation is the Largest Uniform Supplier in North America

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    Cintas Corporation is the largest uniform supplier in North America, generating $2.6 billion in sales revenue for fiscal year 2010. It reported a cost of goods sold of $1.5 billion. The document provides financial ratios for Cintas for 2010 including the current ratio, inventory turnover ratio, and accounts receivable turnover ratio to analyze the company's liquidity, inventory management, and ability to collect on credit sales.

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    23 views1 page

    Cintas Corporation Is The Largest Uniform Supplier in North America

    Uploaded by

    Taimur Technologist
    Cintas Corporation is the largest uniform supplier in North America, generating $2.6 billion in sales revenue for fiscal year 2010. It reported a cost of goods sold of $1.5 billion. The document provides financial ratios for Cintas for 2010 including the current ratio, inventory turnover ratio, and accounts receivable turnover ratio to analyze the company's liquidity, inventory management, and ability to collect on credit sales.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Cintas Corporation is the largest uniform supplier in North

    America #2856

    Cintas Corporation is the largest uniform supplier in North America, providing products and
    services to approximately 800,000 businesses of all types. Selected information from its 2010
    annual report follows. For the 2010 fiscal year, the company reported sales revenue of $2.6
    billion and Cost of Goods Sold of $1.5 billion.

    Required:
    Assuming that all sales are on credit, compute the current ratio (two decimal places), inventory
    turnover ratio (one decimal place), and accounts receivable turnover ratio (one decimal place)
    for 2010. Explain what each ratio means forCintas.

    Cintas Corporation is the largest uniform supplier in North America

    ANSWER
    http://paperinstant.com/downloads/cintas-corporation-is-the-largest-uniform-supplier-in-north-
    america/

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