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Seeking assistance with the attached. Please provide me a comprehensive breakdown as to the 4-questions; as I require them to use as a study tool.

Seeking assistance with the attached. Please provide me a comprehensive breakdown as to the 4-questions; as I require them to use as a study tool.

Thank you!

image text in transcribed BYP13-1 (Wiley - Accounting Tools For Business Decision Making 5th edition) Your parents are concerning investing in Tootsie Roll Industries common stock. They ask you, as an accounting expert, to make an analysis of the company for them. Fortunately, excerpts from a recent annual report of Tootsie Roll are presented in Appendix A of this textbook. Instructions (a) Make a 5-year trend analysis, using 2007 as the base year; of (1) net sales and (2) net earnings. Comment on the significance of the trend results. (b) Compute for 2011 and 2010 the (1) debt to assets ratio and (2) times interest earned. (See Note 6 for interest expense.) How would you evaluate Tootsie Roll's long-term solvency? (c) Compute for 2011 and 2010 the (1) profit margin, (2) asset turnover, (3) return on assets, and (4) return on common stockholders' equity. How would you evaluate Tootsie Roll's profitability? Total assets at December 31, 2009, were $836,844,000, and total stockholders' equity at December 31, 2009, was $654,244,000. (d) What information outside the annual report may also be useful to your parents in making a decision about Tootsie Roll

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