McCormick and Company, Incorporated reported the following in its 2009 Annual Report:Analy...

McCormick and Company, Incorporated reported the following in its 2009 Annual Report:

Analyze:

1. What is the current ratio for both 2009 and 2008?

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2. Did the current ratio improve from 2008 to 2009?

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3. The company reported net sales of $3,192 million and gross profit of $1,327 million for its fiscal year ended November 30, 2009. What is the gross profit percentage for this period?