The document analyzes various financial ratios for Avon over three years from 2006 to 2008. It includes ratios related to profitability, asset use, and liquidity. The profitability ratios like net profit margin and return on equity increased from 2006 to 2008. The liquidity ratios like current ratio fluctuated from 2006 to 2008, being highest in 2008 at 1.22, meaning the company had $1.22 in current assets for every $1 in current liabilities. The document also defines the current ratio and its importance as a measure of short-term financial strength.