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E13-8 (Algo) Computing and Interpreting Liquidity Ratios (LO 13-4, LO 13-5] Granite, Incorporated is the largest uniform supplier in North America. Selected information from its annual report follows. For the 2019 fiscal yeat, the company reported sales revenue of $5.3 billion and Cost of Goods Sold of $3.5 billion. Required: Assuming that all sales are on credit, compute the following ratios for 2019. (Do not round intermediate calculations. Round your finat answers to 2 decimal places.) E13-8 (Algo) Computing and Interpreting Liquidity Ratios [LO 13-4, LO 13-5] Violet Industries is the largest uniform supplier in North America. Selected information from its annual report follows, For the 2019 fiscal yeac, the company reported sales revenue of $6.2 billion and Cost of Goods Sold of $4.4 billion. Required: Assuming that all sales are on credit, compute the following ratios for 2019. (Do not round intermediate calculations. Round your Required: finat onswers to 2 decimal places.)