The Tootsie Roll Expansion Project; Growth to Solidify the Future ACC/561 September 26‚ 2011 Jared Jones The Tootsie Roll Expansion Project; Growth to Solidify the Future “Everyone loves the flavor of a tootsie pop” has been a popular phrase for years‚ a commercial jingle that reminds everyone 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
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Tootsie Roll‚ Inc. Sharon Ungar Lane‚ Bentley College Alan N. Hoffman‚ Bentley College INTRODUCTION: “Tootsie Roll’s good fortunes are an accumulation of many small decisions that were probably made right plus bigger key decisions‚ such as acquisitions‚ that have been made right‚ and a lot of luck.” Mel Gordon‚ CEO – Tootsie Roll‚ 1993 Tootsie Roll Industries‚ Inc.‚ a niche candy maker‚ has often been voted one of Forbes magazine’s “200 Best Small Companies of America.” A top quality producer
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Tootsie Roll Industries Inc. Loan Package Tootsie Roll Industries Inc. and its branches makes and sells candy including “Andes mints‚ Junior Mints‚ Charleston Chew‚ Mason Dots‚ Sugar Daddy‚ and the ever popular Tootsie Roll‚ which has been made from the same formula for over a 100 years” (Hoovers Academics‚ 2012) Tootsie Roll Industry’s customers include a wide variety of supermarkets‚ dollar stores‚ discount warehouse clubs‚ fund-raising charitable organizations‚ and the United States
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Tootsie Hersheys Earnings per share As given in the income statement $1.60 $1.97 Current ratio Current assets $211‚878 = 3.78 $1‚385‚434 = 1.52 Current liabilities $56‚066 $910‚628 Gross Profit Ratio Gross profit (Net sales - Cost of goods sold) $176‚947 = 35.7% $2‚053‚137 = 38.7% Net Sales $495‚592 $5‚298‚668 Profit margin ratio Net Income $53‚475 = 10.8% $435‚994 = 8.2% Net Sales $495‚592 $5‚298‚668 Inventory
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Toosie Roll Pop As I walk down the vast isle of candy my eyes run across something new and exciting. Soon as I layed my eyes on a yellow wrapper with brown writing representing a banana. My eyes began to shine bright like a diamonds‚ my soul did a little dance‚ see I am not a big fan of tootsie roll pops however I do fall head over heels in love with banana flavored candy. I pick up what I know will turnout to be my favorite banana candy of them all. I start to unwrap my tootsie pop and
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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
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FINANCIAL INFORMATION AND RATIOS COMPARASION. The Hershey Company and Tootsie Roll Industries are two main confectionery companies. Every year both Hershey and Tootsie compile their annual reports. These reports include a plethora of information in regards to assets‚ liabilities and stockholders’ equity‚ earnings‚ comprehensive earnings‚ retained earnings‚ cash flows‚ and so forth. To compare Hershey and Tootsie Roll on financial level‚ let’s look at both companies Liquidity‚ Solvency and Profitability
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|Tootsie roll‚ inc | |Tootsie Roll Company Analysis | |SWOT Analysis
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Tootsie Roll 1. How does Tootsie Roll Industries (TRI) communicate its values to suppliers and employees? TRI uses a top-down method‚ which in some cases can alienate lower leveled employees. TRI has implemented a few different programs to encourage accessibility‚ teamwork‚ and open communication. The company’s “open door policy‚” allows for employees to observe and participate in the decision-making process throughout all departments. The company also established cross-functional teams
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The company that I chose to analyze is Tootsie Roll. Throughout my life I have always had somewhat of a sweet tooth and have been very intrigued in the process of business. Now I have the opportunity to look further into such a great company such as Tootsie Roll and really find out how the business is run and what type of work is invested in such a well known business. The ticker symbol for the Tootsie Roll Company is quite simple by using just two letters‚ TR. With this symbol it is easy to find
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