...Tootsie Roll Industries Inc. Loan Request Patricia Duncan, Sean Duncan, Heidi Oppegard, and Michelle Rodriguez Accounting ACC/561 January 7, 2012 Jared Jones Tootsie Roll Industries Inc. Loan Request Tootsie Roll Industries is a confectionery products manufacturer that has been in business for 111 years. The company makes a variety of products including a) Tootsie Roll, b) Tootsie Roll Pops, c) Caramel Apple Pops, d) Charms, e) Blow Pops and a number of other sweet treats. The company believes in hiring and retaining quality personnel while maintaining a professional yet open family atmosphere. Tootsie Roll Industries is looking to expand the business; therefore, the business is requesting a loan to successfully implement the expansion. Discussed below is detailed information regarding Tootsie Roll Industries current financial position, how Tootsie Roll Industries plans to implement the funds from the loan, and how the funds will promote future company growth. Financial Statement Summary….Michelle (~375 words) (due Jan 7th) A General financial statement summary is important when requesting a loan for expansion or any other reason like inventory purchases or debt retirement. The Tootsie Roll Company has four important financial statements that reflect important information in order to obtain their loan. Ahead I will explain the details relevant to the Tootsie Roll Company in relation to their revenues, retained...
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...First Paper The traditional retail model has focused on finding high-margin, high-volume products or services because limited space means reduced space inventory. For example, organizations such as Walmart select the biggest hits from the broadest genres, called the “short head.” The short head means Walmart will only carry a select mix of country, pop, and rock that is calculated to provide the greatest cost/benefit. The business model of Amazon is different. Amazon provides the short head but also provides the “long tail” of more than 100,000 different audio selections. The competition for customers between the Walmart and Amazon marketplace is profoundly changing the face of retail business today. Using the assigned reading and the Argosy University online library resources, find at least three scholarly articles that address similar current trends related to e-business and how e-business is changing the face of businesses today. Using your company or a real-world example from your research, respond to the following: * Describe how technology is changing the face of businesses today. * Describe the most critical business processes that utilize information systems in your selected company. * Explain how IT makes the company’s business processes faster, cheaper, more accurate, and customer-savvy than that of competitors. * Cite at least three sources found in your online library research. Give reasons and examples from your research to support your responses...
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...Tootsie Roll Charles M Mobley University of Phoenix Tootsie Roll Tootsie Roll Industries is a world leading candy company. The company began during 1896 in New York City ("Company Information," 2011). Leo Hirshfield began crafting the confections at his local shop. The delicious candy sold for one penny. The Tootsie Roll launched Hirshfield’s modest shop into a multinational corporation. The company headquartered in Chicago produces 62 million Tootsie Roll candies daily ("Company Information," 2011). The company has grown to include some of the world’s favorite candies. Tootsie Brand candies include the Tootsie Pop, Charms Blow Pop, Sugar Daddy, Dubble Bubble, and Junior Mints. The company has 22 candy brands ("Company Information," 2011). Tootsie Roll has annual sales of nearly 500 million dollars ("Company Information," 2011). The company is one of the leading candy producers in the world. Tootsie Roll Industries believes a family culture and progressive management will produce a leading company within the candy industry. Forbes Magazine has recognized the company as one of “Americas 200 Best Small Companies.” Business Ethics Magazine calls Tootsie Roll Industries on of the “100 Best Corporate Citizens” ("Company Information," 2011). The company’s commitment to ethics and integrity carries over into communities and national interests. Tootsie Rolls’ are a part of the U.S. militaries rations. Tootsie Roll Industries product sales in 2007 were 493 million...
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...sign next to me. Tootsie Roll Industries Company. What does that mean? In inhaled. The sensational smell of fruit and chocolate overwhelmed me. I seem to stretch for miles and miles. However, I was only three inches thick! Being stretched on the conveyer belt is relaxing, taking in the sights, smells, and noises. Although the Tootsie Roll Industries Company factory is musty, gray, and dirty, it is also very beautiful. There are endless rows of conveyor belts with other lollipops on it. Who cares about those pops? I’m about to turn into a Tootsie Pop! I inhaled again. Caramel! I thought. That must be my flavor! Down and down the conveyer belt, an endless line of machinery. I can see a turn...
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...the flavor of a tootsie pop” has been a popular phrase for years, a commercial jingle that reminds every one of the wonderful taste, a memory from childhood that brings people from miles around to local candy stores seeking Tootsie rolls, whether it is a lollipop or a tootsie roll chocolate, everyone one is familiar. Tootsie Roll Industries is a world leading Candy Company. The company began during 1896 in New York City ("Old Time Candy," 2014). Leo Hirshfield began crafting the confections at his local shop. The delicious candy sold for one penny. The Tootsie Roll launched Hirshfield’s modest shop into a multinational corporation. The company headquartered in Chicago produces 62 million Tootsie Roll candies daily ("Old Time Candy," 2014). The company has grown to include some of the world’s favorite candies. Tootsie Brand candies include the Tootsie Pop, Charms Blow Pop, Sugar Daddy, Dubble Bubble, and Junior Mints. The company has 22 candy brands ("Old Time Candy," 2014). Tootsie Roll has annual sales of nearly 500 million dollars ("Old Time Candy," 2014). The company is one of the leading candy producers in the world. There are numerous processes that contribute to the success of the company. An essential process for the company is the actual production of its staple candy the Tootsie Pop. The Process One way to categorize the process of the company is to whether it is a single stage process or a multiple stage process. The Tootsie Roll Company has...
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...Overview Tootsie Roll Industries, Inc. is America's most favorite candy company, manufacturing and selling some of the world's most popular confectionary brands. It started in a modest New York candy store with the Tootsie Roll's introduction in 1896. The company is based in Chicago Illinois. It has grown to become one of the country's largest candy companies, with operations throughout North America and with distribution channels in more than 75 countries. Tootsie Roll Industries, Inc. engages in the manufacture and sale of confectionery products primarily in the United States and Mexico. It primarily offers candy products. The company offers its products under the TOOTSIE ROLL, TOOTSIE ROLL POPS, CHILD’S PLAY, CARAMEL APPLE POPS, CHARMS, BLOW-POP, BLUE RAZZ, CHARMS MINI POPS, CELLA’S, MASON DOTS, MASON CROWS, JUNIOR MINTS, CHARLESTON CHEW, SUGAR DADDY, SUGAR BABIES, ANDES, FLUFFY STUFF, DUBBLE BUBBLE, RAZZLES, CRY BABY, and NIK-L-NIP trademarks. Tootsie Roll Industries, Inc. distributes its products through candy and grocery brokers 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; the United States military; and fund-raising charitable organizations. The company also exports its products to Canada and internationally. With annual sales approaching nearly half-a-billion dollars, Tootsie Roll...
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...Tootsie Roll Industries, Inc. has been engaged in the manufacture and sale confectionery products since 1896 when Austrian-born Leo Hirshfield opened a tiny candy shop in New York City. Hirshfield handcrafted a variety of products, including an individually wrapped, oblong, chewy, chocolate candy that quickly became a customer favorite. The hand wrapping – believed to be an industry first – enabled Hirshfield’s product to stand out among the competitor’s candy-counter offerings, which were sold by the scoop from jars (St. James Press, 1996). Sold at a penny apiece and affectionately named after Hirshfield’s five-year old daughter, Clara, whose nickname was “Tootsie,” Tootsie Rolls propelled Hirshfield’s modest corner store into burgeoning candy enterprise that has evolved in little more than a century into the multinational corporation, Tootsie Roll Industries. The Tootsie Roll Industry main head quarter and production plant is located in Chicago, Illinois. Its operations are also in Illinois; Massachusetts; Tennessee; Wisconsin; Mexico City, Mexico; and Concord, Ontario. Today they employee around 2200 employees. The company’s website is www.tootsie.com. Its three top competitors are listed as The Hershey Company (Ticker Symbol HSY), Nestle S.A. (shares are traded at SIX Swiss Exchange symbol NESN.VX (Nestle , 2011), and Mars Inc (privately held company). The board of Directors has appointed PricewaterhouseCoopers LLC as the independent registered public accounting firm for...
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...The sun threw itself in the air as it rose through the darkness that had shadowed the whole area, soon replacing the coldness and sadness with warmth and happiness. Birds flew in the air after lying low from the darkness, chirping loudly as they felt alive and free once again on the winter day, The sea sparkled in the welcoming sun, swishing and swaying with joy, softly so that it wouldn’t distract anyone that was sleeping. Greenery swished in the breezy wind, the sky filled with blissful clouds, everyone outside with joy. Except me. That was the only thing keeping me alive in my compact room. The window shined with pride, the darkness fighting it with anger, trying to get rid of it, pausing as the curtain flew and covered most of light before it shone again. The beam reflected on my mirror, lighting the whole room, the darkness holding on to the last piece till finally it flew off. My room ached with delight as it finally shimmered in the warmth, the door finally getting the food it wanted as it could not reach before for it because it was shut tight away from the chilling darkness as if the sun was right inside my house. “I will be free, I will be free, I will be free…” I muttered to window as I stared at it, not blinking as if there was a staring contest going on, not noticing how suddenly my room had lit up and that the door was slowly, silently creaking open. A shadow appeared in front of me as it pushed me back from the window, realizing that someone was in my...
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...A) Write about the techniques Tennyson uses to tell the story in Tithonus The purpose of this essay is to discuss narrative methods and techniques used by Tennyson to tell the story in the poem Tithonus. Tennyson uses the theme of light to effectively illustrate the intense love Tithonus felt for Aurora but simultaneously this also highlight the love Tithonus will never feel again. This is shown by constantly mentioning the East where the sun rises, and also by the words ‘Thy sweet eyes brighten slowly….yet they blind the stars’- by saying her eyes blind the stars Tennyson could also be saying how he (Tithonus) too was at one point blinded by his love for her. The use of imagery within the poem like ‘glimmering’ and ‘lights’ gives readers the idea that his life was happy with her in it yet, the contrast of language, ‘gloomy’, ‘shadows’, ‘twilight’ underlines the fact that he is no longer joyful as he is now without her. Another reason we could argue that he is no longer happy is that he may be envious of how she is immortal and forever youthful but he is immortal but consistently aging; this interpretation is supported by the continuous mentioning of immortal youth ‘To dwell in the presence of immortal youth, Immortal age beside immortal youth’. Also the use of the word twilight suggests that Tithonus state is that he is caught in the middle, forever watching the circle of life without him in it – ‘the woods decay…dies the...
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...in the 21st Century. She gets in her car and immediately turns on her favorite pop radio station on the way to work. Her friends from college invite her to a party after her shift ends, and she invites a few friends as well. In the car on the way to the party, while chit chatting over upbeat background music, one of them exclaims, “Oh! I love this song!” One of them turns the volume up and they all sing together to the catchy tune and the easy words of “Young, Wild, and Free” by Wiz Khalifah, “Roll one. Smoke one. When you live like this you’re supposed to party…” This line in the song is extremely easy to learn because it has been repeated several times in less than three minutes, and is set to the sound of a catchy tune. Perhaps pop music has been designed to fit into this modern lifestyle, where one is always on the go, and wants to stay active and energetic. Who has time to really listen to what the song is saying if it has rhythm and is easy to sing along to? Without listening, we tune out the important form of expression that is musical lyrics, and this drop in emphasis encourages a lack of investment in song composition. American Pop music’s language is digressing to the point where it is more offensive, repetitive, and shallower than ever. Offensive language in modern pop music is becoming more normal. The modern American parent can be easily deceived by the “happy” nature of a pop song and think nothing of their eight year old listening to it, but after hearing...
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...An Analysis of A Bigger Splash painted by David Hockney The very famous painting, A Bigger Splash, was painted by David Hockney in 1967. It was painted with acrylic. David Hockney is known to be best British artist of his generation. In the painting A Bigger Splash, I first noticed the brilliant and vibrant colours that are in the painting. The colours stand out and catch your eye fast, but at the same time the splash also catches my attention very quickly. David Hockney was known for painting California swimming pools but in A Bigger Splash, he seemed to have changed and done less detail than in his previous paintings of swimming pools. In this painting there is a big splash but no figure to of switch made the splash. In the background, there is a home with two palm trees by the right side, and a sky, which seems to be painted the same as the swimming pool but with a lighter shade of blue. The only real item in the painting is the chair appears to be alone on which may be sand or even concrete. The painting seems to mainly consist of straight lines except from the splash. When not including the splash, the painting appears to be very flat. The splash appears to be a lot more detailed than anything else in the water. Thos also makes the splash stand out. The splash obviously is the main part of this painting because how much detail it has compared to the rest of the painting. Overall, I think this is a fairly good painting. I chose this painting because the colours struck...
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...America's foremost portraitists. His best-known work, the unfinished portrait (Open Style Realism) of George Washington that is sometimes referred to as The Athenaeum, was begun in 1796 and never finished; Stuart retained the portrait, which he sold for $100 each. The image of George Washington featured in the painting has appeared on the United States one-dollar bill for over a century. His mentor was Benjamin West, travel to (1787) Ireland and UK returning to us in 1792. He live very extravagant life style had money problems. The Athenaeum (39 5/8” X 34 1/2”) 1796 (Lansdowne Portrait) manipulation of light & shade Roy Lichtenstein (October 27, 1923– September 29, 1997) was an American pop artist. (Realistic) attended Ohio State University, He was known examples of pop art, adapted a comic-book panel. George Washington (1962) oil on canvas 51” X 38”. Younger more glamour & success like a comic book hero no sense of brush strokes John Matos (known as Crash), Bronx, New York, Oct. 11, 1961) is an “Urban” graffiti artist. (His own subway style) His Art is a "visual link between street life and established society.” A very unique style like Jackson Pollock Arcadia Revisited (1988) Spray Paint on Canvas 96 ¼” X 68” Liner Quality overlapping gestures & unique color focal point is the eye /spark Jackson Pollock (known as Action Jackson) stick painter Action Painting...
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...Good morning to Miss Liana and fellow classmates, my name is Chua Wen Yee and the topic I’m going to talk about today is K-Pop. First of all, I’ll start off with some basic facts. K-Pop is a musical genre originated from South Korea. The pioneer of K-Pop is Seo Taeji and The Boys, which one of the member is the CEO of YG Entertainment, home of Big Bang and 2NE1 now. K-Pop was strongly criticized by a lot of people, including me. However it has been rising day by day and not only conquered the Asia music market but it is also globalized in the sense that there are K-Pop fans all over the world. According to my research, in year 2012, 68 K-Pop groups made their debut compared to 12 in year 2008. From hate to love, from critics to praise, how does this happened? I think everyone of you definitely has a friend who is a hardcore K-Pop fan. Most of you must have suffered a lot because they like to share their K-Pop information and ask you to watch funny videos very much. Thanks to them, you’ll slowly found out that you are starting to love K-Pop and soon you’ll become one of them. Seriously, some of you may wonder why people love K-Pop so much? The reasons are simple. First of all, the songs are really nice. There are three main components in a song, melody, choreography and visual. Catchy and repeated chorus is one of the reasons why K-Pop songs can be viral and popular. For example, “Wow, fantastic baby”, “because I’m shadow, shadow, shadow”, “bwara Mr. simple simple” or “I...
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..."Jack, I’m cold” said Rose. Jack said, “It’s ok Rose just hold on just a bit longer, a boat is bound to come back.” Ok Jack I trust you” said Rose. Just then Jack thought of an idea. He said “Rose, stay here I’ll be right back,” and he started swimming to dead bodies, and every time he got to a dead body he took the life jacket from them. He also took an oar that someone had abandoned. Pretty soon Jack had five life jackets and an oar and he swam back to Rose. He gave Rose the oar and said, “Okay Rose, “I have some life jackets, I’m going to put them under the door so we can both get on but I’m going to need a part of your dress.” Okay, Jack,” said Rose, and she tore off a piece of her dress and gave it to Jack. He took the dress and started to tie the life jackets together. He put them underneath the door and secured them to the handles of the door. He said, “Rose, the door should be stable. I need you to hang on to the door while I get on.” “Okay,” said Rose.” Rose grabbed the handles on both sides of the door and Jack got on. Jack started to push the door with the oar. He saw a dead man and took his life jacket. He put the life jacket on and started to push the door away from the wreckage to try to get to a boat. “Rose,” he exclaimed! “I see two boats; they are coming back!” He started to yell trying to call the boats over. Someone in the boat shouted “Survivors, on that door!” Rose had fainted, so Jack rigorously shook her to try and wake her, but it was no use. He took...
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...K-pop (an abbreviation of Korean pop;[1] Korean: 가요 kayo)[1] is a musical genre originating in South Korea that is characterized by a wide variety of audiovisual elements. Although it comprises all genres of "popular music" within South Korea, the term is more often used in a narrower sense to describe a modern form of South Korean pop music covering mostly dance-pop, pop ballad, electronic, rock, hip-hop, R&B, etc.[2] In 1992, modern K-pop was ushered in with the formation of Seo Taiji & Boys, whose successful experimentation with different music styles had sparked a paradigm shift in the music industry of South Korea.[3] As a result, the integration of foreign musical elements has now become a common practice in the K-pop industry.[4] By tapping into social networking services and the video sharing platform YouTube, the K-pop industry's ability to secure a sizeable overseas audience has facilitated a noticeable rise in the global proliferation of the genre.[5] Since the mid-2000s, the K-pop music market has experienced double digit growth rates. In the first half of 2012, it grossed nearly US$3.4 billion,[6] and was recognized by Time magazine as "South Korea's Greatest Export".[7] First gaining popularity in East Asia back in the late 1990s, K-pop entered the Japanese music market towards the turn of the 21st century. In the late 2000s, it grew from a musical genre into a subculture among teenagers and young adults of East and Southeast Asia.[8] Currently, the spread of...
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