From Exhibit 3.1, p. 49 in Harrison & St. John, which of the 5 basic resource categories is weakest for Tootsie Roll Industries? Which factor (or factors) within that category are particularly significant, and why?
Description This assignment draws upon financial information available through the SEC’s Edgar Database of financial filings by publicly-traded firms. Write a report containing the following information/analyses: A. Using Tootsie Roll’s income statements from the file, TR_Income.xlsx, prepare a “common sized” income statement where all data (except sales) is expressed as a percentage of sales and […]