E13-8 (Static) Computing and Interpreting Liquidity Ratios (LO 13-4, LO 13-5) Cintas Corporation 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 $5.6 billion and Cost of Goods Sold of $3.0 billion Fiscal Year 2019 2018 Balance Sheet (amounts in millions) Cash and Cash Equivalents $ 97 $ 139 Accounts Receivable, Net 910 805 Inventory 335 280 Prepaid Rent and Other Current Assets 894 754 Accounts Payable 226 Salaries and Wages Payable 156 Notes Payable (short-term) 312 Other Current Liabilities 434 420 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.) 215 141 Current Ratio Inventory Turnover Ratio Accounts Receivable Turnover Ratio