Locate the Tootsie Roll Industries, Inc., annual report in Appendix A of this text. Briefly peruse the annual report and answer the following questions:

a. Name the titles of the financial reports in the Tootsie Roll Industries, Inc., annual report that provide specific information about economic resources, claims to resources, and changes in resources and claims.

b. Name three other sections from Tootsie Roll Industries’ 2002 annual report that provide information useful in assessing the amount, timing, and uncertainty of future cash flows.

c. Which main categories of other general information are useful in making investment and credit decisions?