Solution-Performing ratio analysis using real-world data

Performing ratio analysis using real-world data

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Reference no: EM13536262

Performing ratio analysis using real-world data

Tupperware Company claims to be a global direct seller of premium, innovative products across multiple brands and categories through an independent sales force of approximately 2.1 million." Its goods are sold in almost 100 countries through its eight brands. The following data were taken from the company's 2007 annual report. Dollar amounts are in millions.

Fiscal Years Ending
	December 29, 2007	December 30, 2006
Current assets	$ 699.5	$ 586.6
Current liabilities	450.3	359.3
Total assets	1,868.7	1,712.1
Total liabilities	1,346.0	1,311.6

Required

a. Compute Tupperware's current ratios for 2007 and 2006.

b. Compute Tupperware's debt to assets ratios for 2007 and 2006.

c. Based on the ratios computed in Requirements a and b, did Tupperware's liquidity get better or worse from 2006 to 2007?

d. Based on the ratios computed in Requirements a and b, did Tupperware's solvency get better or worse from 2006 to 2007?

Reference no: EM13536262

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Performing ratio analysis using real-world data

Reference no: EM13536262

Reference no: EM13536262

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