Tupperware Company claims to be "one of the world's leading direct sellers, supplying premium food storage, preparation and serving items to consumers in more than 100 countries through its Tupperware brand." The following data were taken from the company's 2008 annual report. Dollar amounts are in millions.

Required

a. Compute Tupperware's current ratios for 2008 and 2007.

b. Compute Tupperware's debt to assets ratios for 2008 and 2007.

c. Based on the ratios computed in Requirements \(a\) and \(b\), did Tupperware's liquidity get better or worse from 2007 to \(2008 ?\)

d. Based on the ratios computed in Requirements \(a\) and \(b\), did Tupperware's solvency get better or worse from 2007 to \(2008 ?\)

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Current assets Current liabilities Total assets Total liabilities Fiscal Years Ending December 31, 2008 $ 703.8 451.5 December 31, 2007 $ 699.5 450.3 1,815.6 1,868.7 1,341.6 1,346.0