Question
Based on the 2011 financial statements of Hershey and Tootsie Roll, compute the following 2011 ratios for each company. (Round answers to 1 decimal places,
Based on the 2011 financial statements of Hershey and Tootsie Roll, compute the following 2011 ratios for each company. (Round answers to 1 decimal places, e.g. 15.2% or 15.2 times.)
| (1) | Debt to assets. Hershey___________% Tootsie Roll____________% |
| (2) | Times interest earned. (Hershey |
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Internal Auditing Assurance And Advisory Services
Authors: Kurt R. Reding, Paul J. Sobel, Urton L. Anderson, Michael J. Head, Sridhar Ramamoorti, Mark Salamasick, Cris Riddle
5th Edition
1634541367, 978-1634541367
