Sue Hartley recently accepted a job in the production department at Tootsie Roll (TR). Before she starts work, she decides to review the companys annual report to better understand its operations. Use TRs financial statements to answer the following questions. You can locate TRs financial statements in the companys website under Investor Relations.

1. What CPA firm performed the audit of Tootsie Rolls financial statements?

2. What was the amount of Tootsie Rolls earnings per share in 2016?

3. What are the companys net sales in foreign countries in 2016?

4. What were net sales in 2016?

5. How many shares of Class B common stock have been authorized?

6. How much cash was spent on capital expenditures in 2016?

7. Over what life does the company depreciate its buildings?

8. What was the value of raw material and supplies inventory in 2016?