What is the current ratio for both 2014 and 2013?

McCormick & Company, Incorporated, is a global leader in the manufacture, marketing, and distribution of spices, seasoning mixes, condiments, and other products to the food industry. McCormick & Company, Incorporated, reported the following in its 2014 Annual Report: Analyze: 1. What is the current ratio for both 2014 and 2013? 2. Did the current ratio improve or decline from 2013 to 2014? 3. The company reported net sales of $4,243.2 million and gross profit of $1,730.2 million for its fiscal year ended November 30, 2014. What is the gross profit percentage for this period? View Solution:
McCormick Company Incorporated is a global leader in the

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