Solution to part 1 of the project:

Tootsie Roll

Earning per share As given in the income statement

Current ratio Current assets $199,726

Current liabilities $57,972

Gross Profit Ratio Gross profit amount $168,673

Total Revenues $497,717

Profit margin ratio Net income $51,625

Total Revenues $497,717

Inventory Turnover Cost of goods sold $327,695

Average Inventory $60,680

Days in Inventory 365 days 365

Inventory turnover 5.4
Tootsie Roll Hersheys

$0.94 $0.96

= 3.45 $1,426,574 = 0.88

$1,618,770

= 33.9% $1,631,569 = 33.0%

$4,946,716

= 10.4% $214,154 = 4.3%

$4,946,716

= 5.4 $3,315,147 5.3 Finished goods and raw materials were added together.
$624,503

= 68 365 = 69
days 5.3 days
ere added together.
Solution to part 2 of the project:

Receivable Turnover Ratio Net credit sales

Average Net Receivables

Average Collection Period 365

Receivable Turnover Ratio

Assets Turnover Ratio Net Sales

Average Total Assets

Return on Assets Ratio Net Income

Average Total Assets

Debt to Total Assets Ratio Total Liabilities

Total Assets

Times Interest Earned Ratio Net Income + Int Expense + Tax Expense
Interest Expense
 Tootsie Roll Hersheys

$492,742 = 14.61 $4,946,716 = 9.80

$33,723 $504,979

365 = 25 days 365 = 38 days

14.61 9.80

$497,717 = 0.62 $4,946,716 = 1.18

$802,182 $4,202,339

$51,625 = 6.44% $214,154 = 5.10%

$802,182 $4,202,339

$174,495 = 0.21 $3,623,593 = 0.85

$812,725 $4,247,113

$77,702 = 145.2 458,827 = 3.9

$535 118,585