Hershey Foods vs. Tootsie Rolls

Investment: Heshery Foods versus Tootsie Rolls Financial Comparison A comparison of 2004 Hersheys and Tootsie Roll, questions necessitate to determine which family is better off: Are the companys operations profitable? To consider this I depart be looking at the Income Statement. If the companys revenue enhancement exceeds its expenses it will enunciate net income or will reveal a net loss. This will promulgate on the victor or failure of the companys operation by reporting its revenue and expenses. Hershey Foods reports a net income of $590,879 and Tootsie Roll Industries report a net income of $64,174. Overall, both companys report a net gain. However, Hershey Foods net income is larger than that of Tootsie Roll Industries by $526,705. Does the company rely primarily on debit or stockholders equity to finance its assets? To consider this I will be looking at Balance sheet. Comparing the follow of debt versus the amount of stockholders equity to determine whether the company relies more on creditors or owner for it financing. This reports the companys resource and claims to those resources. The two types of claims argon liabilities and stockholders equity. Hershey Foods reports a balance sheet of assets of $3,797,531, liabilities of $2,708,229 and stockholders equity of $1,089,302.

Tootsie Roll Industries reports a balance sheet of assets of $811,753, liabilities $241,574 and stockholders equity $570,179. Hershey Food relies more on creditors versus Tootsie Roll whom relies on its own financing. How does the companys stipend performance suggest performance? A high appreciate suggests improved performance and low measure suggests weak performance. Hershey Foods reports gelt per share and earnings of $2.30 versus Tootsie Roll Industry earning of $1.23. Overall, Hershey Foods has a higher(prenominal) performance over Tootsie Roll Industry. Can the company piece its near-term obligations? To consider this I will be looking at current assets and current liabilities.... If you want to get a wide-cut essay, order it on our website: Orderessay

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