ACC 561 Tootsie Roll Industries Inc Loan Package
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Description
Tootsie Roll Industries Inc Loan Package
ACC 561
Tootsie Roll Industries Inc. Loan Package
Introduction
Tootsie Roll Industries Inc. is a strengthening corporation that is expanding and ready to venture into the market, and take advantage of growth opportunities. Some of the positive highlights of their annual report included a 13,048 increase of net capital earnings from December 31, 2006 to December 31, 2007. Tootsie Roll's aggregate cash, cash equivalents, and investments also increased from 130,841 in December 31, 2006 to 164,906 in December 31, 2007. The company has a history of being financially conservative, however it wants to take advantage of its established and reputable brand to expand into global markets.
Ratio Analysis of Financial Statements
Purpose of the...