Premium Essay

Fi504 Course Project

In:

Submitted By paul62285
Words 6519
Pages 27
Tootsie Roll Industries, Inc. and its subsidiaries manufacture and sell confectionery products in the United States, Canada, and Mexico. It sells its products under various names. The company markets its products to wholesale distributors of candy and groceries, supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, warehouse and membership club stores, vending machine operators, and the U. S. military and fund-raising charitable organizations. Tootsie Roll Industries was founded in 1896 and is based in Chicago, Illinois. The Hershey Company, together with its subsidiaries, engages in manufacturing, marketing, selling, and distributing various chocolate and confectionery products, pantry items, and gum and mint refreshment products worldwide. It offers various chocolate and confectionery products as well as various snack products, a line of refreshment products, such as mints, chewing gum, and bubble gum, and a line of pantry items. It sells its products through sales representatives and food brokers, primarily to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, department stores, and natural food stores. The company was founded in 1893 and is based in Hershey, Pennsylvania.

Tootsie Roll Industries Ratios

Hershey Foods Corporation Ratios

Interpretation and Comparison between the two companies' ratios Earnings per share serves as an indicator of a company's profitability. The EPS is a good measure of profitability and when compared with EPS of similar companies and it gives a view of the comparative earnings or earnings power of the company. The EPS of Tootsie Roll Industries of $0.94 is slightly lower than the EPS of Hershey Foods Corporation's $0.96. Both companies

Similar Documents

Free Essay

Physics

...TermPaperWarehouse.com - Free Term Papers, Essays and Research Documents The Research Paper Factory JoinSearchBrowseSaved Papers Home Page » Science Project 1 In: Science Project 1 Project 1 Write an essay of 1500 words, giving credible references on the use of physics in your daily activities. You need to mention 5 or more activities where physics is used. Remember to follow the APA style and give references. Physics is used in so many ways that most people do not even realize that they are using it. Even a stay at home mom uses physics more than one would think. Daily activities that many people do include physics without thinking about it, such as driving a car, using a headrest in a car, walking and running, flushing the toilet, and washing and drying clothes. Driving a car has many different aspects of physics involved, but today only acceleration, speed, and velocity will be discussed. People talk in terms of physics everyday without even knowing that is what they are discussing. For example, “speed” limit, how quickly a car can “accelerate,” and when they add a direction, they are actually talking about the velocity of a vehicle because velocity has a magnitude and direction, not just magnitude. According to Barry Parker in Issac Newton School of Driving, “you are accelerating and decelerating most of the time when you take a trip through the busy streets of a city, either by stepping on the gas, braking, or turning the steering wheel.” Basically...

Words: 490 - Pages: 2

Premium Essay

Managerial Use & Analysis

...Devry University Professor: - Fritz Attermeier Course: - FI504–Accounting and Finance: Managerial Use & Analysis Project: -Ratio Analysis Group Project by Analysis Report In comparing Hershey’s and Tootsie Rolls Company with respect to Liquidity, Solvency and profitability, we will use data from the financial statements of both the company of the year end December 31st 2008. Among all the three ratios provided in the data sheet i.e. Liquidity, Solvency and Profitability, to invest in a company I will choose to see the profitability ratio of a company. According to 2008 financial statements of both the company and looking at the ratios I will choose Tootsie Rolls Corporation. I will invest in Tootsie Rolls Corporation I would like to answer the question, why did I select Tootsie Rolls Corporation and not Hershey Corporation. As you know and I know Hershey is a big company and over the year this company has proven its investors and creditors that its one of the big companies all over the world. Big don’t means better? Even a medium size company like Tootsie Rolls generate a good amount of money not in million but in thousands. So what it has a good return ratio? Yes. Liquidity Ratio Analysis: - What does Liquidity Ratios mean? A class of financial metrics that is used to determine a company's ability to pay off its short-terms debts obligations. Generally, the higher the value of the ratio, the larger the margin of safety that the company possesses...

Words: 1082 - Pages: 5

Premium Essay

Fi504

...The FI504 Final Exam will be an online open-book, open-notes, open-computer exam with a time limit of three hours and 30 minutes. It will be worth 250 points or 25% of your course grade. The Final Exam is two pages long and will consist of 14 multiple-choice questions worth five points each and six essays worth 30 points. Some of the multiple-choice questions are problem-based. Of the six essays, five of the essays are problem-based since this is an Accounting course. Terminal Course Objectives A, B, C, D, E, F, and G are all addressed on this exam. You should review the following concepts for this exam. For the multiple choice questions worth a total of 70 points, you should know: 1. The characteristics of the corporate form of business. 2. About the term "cash dividend". 3. Which accounts have debit or credit balances. 4. The difference between cash-basis versus accrual-basis of accounting. 5. The meaning and implications of using FIFO, LIFO, and weighted average cost-flow assumptions. 6. How to calculate depreciation using the straight-line method. 7. The journal entry for the issuance of bonds (at par, discount, or premium) and for the issuance of stock (at par or above par). 8. How to determine the market value of a bond. 9. The various adjustments that are made to net income in arriving at net cash flow from operating activities. 10. The different tools of financial statement analysis, and how each tool is used, as well...

Words: 996 - Pages: 4