Not surprisingly, Newell Rubbermaid, Inc., is the marketer of the well known Rubbermaid plastic containers, but it

Question:

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 2013 annual report. Dollar amounts are in millions.

Required
a. Compute Rubbermaid€™s current ratios for 2013 and 2012.
b. Compute Rubbermaid€™s debt to assets ratios for 2013 and 2012.
c. Based on the ratios computed in Requirements a and b, did Rubbermaid€™s liquidity get better or worse from 2012 to 2013?
d. Based on the ratios computed in Requirements a and b, did Rubbermaid€™s solvency get better or worse from 2012 to 2013?

Solvency
Solvency means the ability of a business to fulfill its non-current financial liabilities. Often you have heard that the company X went insolvent, this means that the company X is no longer able to settle its noncurrent financial...