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The following data represent selected information from the comparative income statement and balance sheet for Dunkin Company for the years ended December 31, 2011 and

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The following data represent selected information from the comparative income statement and balance sheet for Dunkin Company for the years ended December 31, 2011 and 2010: Required: Calculate the following ratios for 2011 and 2010: Current ratio Rate of return on net sales Acid-test ratio Days' sales in receivables to the nearest day (using 365 days in a year) Debt ratio Perform Horizontal and Vertical Analyses for the following accounts for 2011 and 2010: Cash Net A/R Gross Profit Net Income Extra Credit: Based on your answers above, is Dunkin doing better or worse in 2011? What line item would you like to get more detail about and why

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