Tootsie Roll Vs Hershey The purpose of this financial analysis is to compare Tootsie Roll and Hershey Inc to the industry average financial ratios to determine which company will be the best investment opportunity. This analysis will evaluate and compare the company’s liquidity, solvency and profitability ratios from 2004. Tootsie Roll, Inc. and Hershey Inc are both companies well known for the selling of confectionary goods. Hershey is publicly traded under NYSE: HSY, Tootsie Roll under
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When evaluating the liquidity of Tootsie and Hershey, both organizations hold fairly strong positions with respect to its ability to meet their current and expected short term, less than one year, obligations. Upon reviewing the current ratio, Tootsie holds a very strong position with over 2 times the current assets versus current liabilities. While the figure is favorable, it does suggest perhaps that their ratio may be too high and that they are not efficiently using its current assets. Though
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Tootsie Roll Insustries Ratio The Hershey Company Ratio Interpretation and comparsion between the two companies' ratio Earnings Per Share $0.94 $0.96 EPS measures the net income earned on each share of common stock. Hershey's earning per share appers to be $0.02 higher than Tootsie's earnings per share as a result of more effective and effitient management. Current Ratio 3.45 0.88 Tootsie Roll Industries shows higher current ratio
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Tootsie Vs. Hershey Tootsie Roll Insustries Ratio The Hershey Company Ratio Interpretation and comparsion between the two companies' ratio Earnings Per Share $0.94 $0.96 EPS measures the net income earned on each share of common stock. Hershey's earning per share appers to be $0.02 higher than Tootsie's earnings per share as a result of more effective and effitient management. Current Ratio 3.45 0.88 Tootsie Roll Industries shows higher current ratio for 2.57 which means that it is more liquid
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08/23/2008 Hershey Company & Tootsie Roll Company Company History Both the Hershey Company and the Tootsie Roll Company specialize in a wide variety of chocolate candy products. "The Hershey Company is a leading snack food company and the largest North American manufacturer of quality chocolate and non-chocolate confectionery products, with revenues of over $4 billion and more than 13,000 employees worldwide". The Hershey Company originated with the candy manufacturer Milton Hershey. In 1894
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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
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the baby boomers and the younger generation. Hershey has a system in place in which the baby boomers train/mentor the new “millennial” worker (employees in their twenties) due to, “the baby boomers tend to be interested in leaving a legacy, making the world better, so they generally are enthusiastic about mentoring their younger colleagues” (Noe, Hollenbeck, Gerhart, Wright, 2011). The baby boomers are role models, coaches, and advocates for Hershey. Mentoring gives them opportunities to utilize
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CHAPTER 13 Financial Analysis: The Big Picture Study Objectives 1. 2. 3. 4. 5. 6. 7. Understand the concept of sustainable income. Indicate how irregular items are presented. Explain the concept of comprehensive income. Describe and apply horizontal analysis. Describe and apply vertical analysis. Identify and compute ratios used in analyzing a company’s liquidity, solvency, and profitability. Understand the concept of quality of earnings. Summary of Questions by Study Objectives and Bloom’s
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Accrual Accounting Concepts The Navigator • Scan Study Objectives • Read Feature Story • Read Preview • Read text and answer Before You Go On p. 169 p. 174 p. 183 • Work Using the Decision Toolkit • Review Summary of Study Objectives • Work Demonstration Problem • Answer Self-Study Questions • Complete Assignments Feature Story What Was Your Profit? The accuracy of the financial reporting system depends on answers to a few fundamental questions. At what point
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C H A P T E R A Further Look at Financial Statements o STUDY OBJECTIVES 2 T H E N AV I G AT O R I I I I Scan Study Objectives Read Feature Story Read Preview Read text and answer Before You Go On p. 58 p. 63 p. 69 p. 72 p. 75 Work Using the Decision Toolkit Review Summary of Study Objectives Work Demonstration Problem Answer Self-Study Questions Complete Assignments I I I I After studying this chapter, you should be able to: 1 meaning N Explain the principlesof generally
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