Visit the website forTootsie Rollat (www.tootsie.com). Click on “Company Information” then “Financial Information”. Open the latest annual report and review it to look for the answers to the following questions:
What are Tootsie Roll’s Corporate Principles? Do you agree with them or feel there are additional principles not mentioned that should be?
What was the total amount of Tootsie Roll’s assets in the most current year available?
What was the total amount of Tootsie Roll’s liabilities in the most current year available?
What is the amount of the difference between Tootsie Roll’s assets and liabilities? What is this difference called?
Based on your initial findings in Tootsie Roll, would you consider investing in them? Why or why not? Your answer should illustrate understanding of the annual report and financial statements, and include a well-thought out response. Respond to at least two of your classmates’ postings.
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