Refer to the financial statements of Tootsie Roll Industries and the Notes to Consolidated Financial Statements in

Question:

Refer to the of Tootsie Roll Industries and the Notes to Consolidated in Appendix A.
Instructions
Answer the following questions.
(a) What were Tootsie Roll’s total current liabilities at December 31, 2009? What was the increase/decrease in Tootsie Roll’s total current liabilities from the prior year?
(b) How much were the at December 31, 2009?
(c) What were the components of total current liabilities on December 31, 2009 (other than already discussed above)?

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