Compute rubbermaid''s current ratios

Assignment Help Accounting Basics
Reference no: EM13925011

Not surprisingly, Newell Rubbermaid, Inc. is the marketer of the well known Rubbermaid plastic containers, but it also markets many other consumer brands, including Sharpie, Calphalon, Parker and Waterman writing instruments, and Lenox hand and power tools. The following data were taken from the company's 2010 annual report. Dollar amounts are in millions.

403_264-B-A-L (2867).png

Required: 

a. Compute Rubbermaid's current ratios for 2010 and 2009. 

b. Compute Rubbermaid's debt to assets ratios for 2010 and 2009. 

c. Based on the ratios computed in Requirements a and b, did Rubbermaid's liquidity get better or worse from 2009 to 2010? 

d. Based on the ratios computed in Requirements a and b, did Rubbermaid's solvency get better or worse from 2009 to 2010? 

Reference no: EM13925011

Questions Cloud

What are the cash flows-cds agreement : Suppose Bob holds a 10-year bond issued by company XYZ with a par value of $1,000 and a coupon interest amount of $100 each year. Fearful that XYZ will default on its bond obligations, what are the cash flows to bob for years 0 through 4 from the cds..
Adjustment case study go to npr storycorps website : Assignment: Adjustment Case Study Go to NPR's StoryCorps Website, located at http:/www.npr.org/series/4516989/storycorps. Read two (2) articles that were published within the last two (2) months that focus on individuals with major adjustment issu..
Watts examples of the ironic consequences : Give two of Watts's examples of the ironic consequences in turning black-and-white into black-vs.white.
Importance of ethical conduct in commercial engagements : Explain and suggest solutions to the kinds of problems encountered by small and medium entrepreneurial businesses and analyse and solve various business problems using case study approaches found in academic literature
Compute rubbermaid''s current ratios : Based on the ratios computed in Requirements a and b, did Rubbermaid's liquidity get better or worse from 2009 to 2010?
Invest in a stock portfolio : You have $40,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 15 percent and Stock Y with an expected return of 6 percent. Required: If your goal is to create a portfolio with an expected return of 11.9 percent,..
Do you believe the credit risk has increased : Do you believe the credit risk has increased? Have the owners of the Hypothetical Manufacturing Ltd withdrawn funds from the business as dividends
What is the effective annual yield : PK Software has 8 percent coupon bonds on the market with 23 years to maturity. The bonds make semiannual payments and currently sell for 109.25 percent of par. What is the current yield on PK's bonds?  What is the effective annual yield?
Compute a par spread in basis points for a 5yr cds : Modify the data on the CDS pricing worksheet in the work book data.xlsx to compute a par spread in basis points for a 5yr CDS with notional principalN=10million assuming that the expected recovery rateR=25%, the 3-month hazard rate is a flat1%, and..

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the amount of interest receivable as of december

Leach Company invested $80,000 in a certificate of deposit on June 1, 2013. The certificate had a 6 percent annual rate of interest and a one year term to maturity.

  What are your companys policies regarding the use of

what are your companys policies regarding the use of company data? what are the consequences of noncompliance with your

  Importance of ethics in the accounting profession

Ethics requirements of the Board of Accountancy for the State in which you intent to pursue CPA licensure. Current trends and events illustrating the importance of ethics in the accounting profession.

  Question 1on january 1 forrester county is holding

question 1.on january 1 forrester county is holding investments for tinsel town valued at 800000 in an investment pool

  Evaluate the comments that follow as being true or false if

evaluate the comments that follow as being true or false. if the comment is false briefly explain why.a. both the

  Expect the stock to trade immediately

On September 1, 2005, Saturn Corporation's common stock was selling at a market price of $300 per share. On that date, Saturn announced a 3 for 2 stock split. At what price would you expect the stock to trade immediately after the split goes into ..

  Puget world inc manufactures two models of television sets

puget world inc. manufactures two models of television sets the n 800 xl model and the n 500 model. data regarding the

  Why is it the gaap approved method

If the absorption costing method can be misleading, and it is not suitable with the CVP, why is it the GAAP approved method? How about international standards, What is the treatment under IFRS?

  The conversion option allowed the holder of each

On January 1, 2009, when its $30 par value common stock was selling for $80 per share, a corporation issued $10 million of 10% convertible debentures due in 10 years.

  How much interest expense results from this note in

keshena co. borrows 195000 cash on december 1 2009 by signing a 120-day 11 note with a face value of 195000.on what

  Nine major hazard classes as outlined

List the nine major hazard classes as outlined by the U.S Department of Transportation (D.O.T.). Research a news article that covers one of the nine major hazard classes. Identify the hazard and explain how the hazard created the dangerous situati..

  Prepare a multiple-step income statement for surry co from

prepare a multiple-step income statement for surry co. from the following data for the year ended december 31 2010.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd