Hershey Company & Tootsie Roll Industries Tootsie Roll Industries Ratios The Hershey Company Ratios Interpretation and comparison between the two companies ratios Receivable Turnover Ratio 14.6 times 9.8 times Tootsie Roll has a higher Receivable Turnover Ratio which means that they have more cash on hand and are collecting on debts. Average Collection Period 25 37.24 Tootsie Roll is turning Accounts Recievable into cash 12 days faster than Hershey. Assets Turnover Ratio 0.57 1.18 Tootsie Roll’s Asset
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The financial statements of Tootsie Roll Industries are presented in Appendix A. | | | InstructionsAnswer the following questions. | (a) | What was the amount of net cash provided by operating activities for 2007? The amount of net cash provided by operating activities for 2007 was $ 90‚064‚000 For 2006? $ 55‚656‚000 What were some causes of any significant changes in cash from operations between 2006 and 2007? Include a change in Tootsie Roll’s account receivable and other receivables
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1. Strategy Assessment Tootsie Roll’s simple strategy is to be (and remain) a top-quality producer and distributor of Tootsie Rolls and other candy products‚ in an industry where it currently has 2 to 3 percent of market share. Specifically‚ the company has determined to specialize‚ almost entirely‚ in hard candies (such as Tootsie Pops and Blow Pops) and chewy candies (such as Tootsie Roll‚ Frooties and Flavor Roll)‚ and it currently maintains a 50 percent market share in this unique segment
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Tootsie Roll Industries Ratios (pg 732) The Hershey Company Ratio Interpretation and comparison between the two companies’ ratios Earnings per Share Current Ratio Hershey had net sales close to ten times those of (4‚946‚716 (51‚625 Earnings / Tootsie Roll‚ however their outstanding shares were Earnings / 492‚753 54‚296 Outstanding also an order of magnitude greater than those of Outstanding Shares) = $0.95 Tootsie Roll. Although earnings are greater for Shares) = $0.96 Hershey‚ the
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| |Tootsie Roll Industries began in a small candy store in New York in 1896. Tootsie Roll is now | | | | | | | | |headquartered in Chicago with operations throughout North America and with distribution channels in over | | | | | | | | |75 countries. According to Yahoo Finance‚ Tootsie Roll has 2‚200 full-time
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Tootsie Roll Industries Loan Package Tootsie Roll Industries is one of America’s most recognized confectionary companies and has been in business for more than 111 years‚ manufacturing and selling some of the most popular candies in the world. Tootsie Roll wants to secure a loan that will help increase the company’s total liabilities by 10% in the tune of $2.5 million. This loan package is attached to an updated business plan that provides the lender with the company’s history‚ a vision statement
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or storybook character and returning home with a sack full of delicious candies. There were always a variety of candy types‚ but most of these candies were usually made by two of the major companies in the industry. The Hershey Company and the Tootsie Roll Company were both well represented on this night. Both companies made so many different types of candies for young children to enjoy that the names would forever be imbedded in their minds. These treats were not just for the children‚ but for the
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concessionaires‚ department stores‚ and natural food stores. The company was founded in 1894 and is based in Hershey‚ Pennsylvania. The Hershey Company went public on the New York Stock Exchange (NYSE) in 1922 (http://finance.yahoo.com/q/pr?s=HSY). Tootsie Roll Industries‚ Inc.‚ through its subsidiaries‚ engages in the manufacture and sale of confectionery products. The company sells its products under the registered trademarks. It distributes its products through candy and grocery brokers to wholesale
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Tootsie Roll Industries‚ Inc. Annual Report 2009 Corporate Profile Tootsie Roll Industries‚ Inc. has been engaged in the manufacture and sale of confectionery products for 113 years. Our products are primarily sold under the familiar brand names: Tootsie Roll‚ Tootsie Roll Pops‚ Caramel Apple Pops‚ Child’s Play‚ Charms‚ Blow Pop‚ Blue Razz‚ Cella’s chocolate covered cherries‚ Tootsie Dots‚ Tootsie Crows‚ Junior Mints‚ Junior Caramels‚ Charleston Chew‚ Sugar Daddy‚ Sugar Babies‚ Andes‚ Fluffy
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Financial Analysis: Hershey Corp. & Tootsie Roll Industries Financial Analysis: Hershey Corp. & Tootsie Roll Industries Hershey and Tootsie Roll are both companies in the confection industry. We compared both companies for the years 2004‚ 2005‚ and 2006 against each other and against the industry averages in order to make a decision about which company we would choose to invest in. The comparisons we used to make our decision were ratios for liquidity‚ solvency‚ and profitability. As a result
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