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Other Fields Homework Help Business Topic started by: Potvin on Jan 13, 2017



Title: Tootsie Roll Industries Inc.Income StatementAs of December 31, Year 6 ($000s)Year 6Net ...
Post by: Potvin on Jan 13, 2017
Tootsie Roll Industries Inc.
   Income Statement
   As of December 31, Year 6 ($000s)
   Year 6
Net sales   194,299
COGS   103,205
SG&A   54,329
EBIT   36,765
Interest expense   612
Other income (expenses), net   966
Income before income taxes   37,119
Income taxes   14,563
Net Income   22,556
Total Cash dividends   12,316
Shares Outstanding   9,645
Average price per share (4th Q)   $36.50

   Selected Financial Ratios
   Year 6   Industry Avg
Net Profit Margin      8.2%
Total Asset Turnover      1.64
ROA      13.4%
Equity Multiplier      1.42
ROE      19%

Referring to the financial statements for Tootsie Roll, what is the difference between the Industry and Tootsie for return on assets (ROA)? (Tootsie - Industry)
A) -0.70%
B) 0.72%
C) 1.72%
D) 7.00%
E) 14.00%


Title: Re: Tootsie Roll Industries Inc.Income StatementAs of December 31, Year 6 ($000s)Year 6Net ...
Post by: Blimp on Jan 17, 2017
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Title: Re: Tootsie Roll Industries Inc.Income StatementAs of December 31, Year 6 ($000s)Year 6Net ...
Post by: Potvin on Mar 24, 2017
I posted without any expectations, this surpassed my expectations