What are tootsie rolls corporate principles

Assignment Help Accounting Basics
Reference no: EM132447535

Prior to beginning work on this discussion forum, Visit the Tootsie Roll Industries Click on "Company" located at the top of the webpage then select "Financials" from the options listed.

Open the latest annual report and review it to find the answers to the following questions:

  1. What are Tootsie Roll's corporate principles?
  2. Do you agree with these principles, or do you feel there are additional principles that should be included?
  3. What was the total amount of Tootsie Roll's assets for the most current year available?
  4. What was the total amount of Tootsie Roll's liabilities for the most current year available?
  5. What is the amount of the difference between Tootsie Roll's assets and liabilities?
  6. What is this difference called?
  7. Based on your initial findings at the Tootsie Roll website, would you consider investing in them? Why or why not? Your answer should illustrate critical thought and understanding of the annual report and financial statements.

Reference no: EM132447535

Questions Cloud

People republic of china one child policy : Briefly explain the demographic impact that the People's Republic of China One Child Policy is having on the PRC, and what problems may arise from it.
Hydrocarbons concentrate in greater amounts : Contaminants such as hydrocarbons concentrate in greater amounts within organisms at higher levels of the food chain.
Identify network security strategy : Identify one network security strategy that would help this organization. Why did you choose this strategy over others?
What are the terrestrial planets : What are the terrestrial planets? Why are they called terrestrial planets? Which of them have moons?
What are tootsie rolls corporate principles : What are Tootsie Roll's corporate principles?What was the total amount of Tootsie Roll's assets for the most current year available?
Information security- formalize security policies : In information security, models provide a way to formalize security policies. Such models can be abstract or intuitive.
Event of a major environmental change in the ocean : How might the Law of the Minimum be an important consideration in the event of a major environmental change in the ocean?
Positive and negative feedback loops with concepts : What are the differences between the positive and negative feedback loops with concepts in climate change?
Describe the ways tpp is a free trade agreement : Evaluate the Trans-Pacific Partnership (TPP). Be sure to address the following: Describe the ways TPP is a free trade agreement.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Journalize the employer payroll taxes

All earnings are subject to 7.65% FICA taxes, 5.4% state unemployment taxes and, .8% Federal unemployment taxes. Journalize the employer's payroll taxes

  What is the adjustment amount for the current year

If the partnership made an optional basis adjustment election in a prior tax year, what is the adjustment amount for the current year

  Cost pools for accumulating overhead

Peter Catalano's Verde Vineyards in Oakville, California produces three varieties of wine: Merlot, Viognier, and Pinot Noir. His winemaster, Kyle Ward, has identified the following activities as cost pools for accumulating overhead and assigning i..

  Record the adjustment for revenue earned

On October 1, the company receives $14,800 from a customer for a one-year property insurance policy. Record the adjustment for revenue earned

  What is meaning of this principle

One of the ASX principle of corporate governance is 'make timely and balanced disclosure'. What's meaning of this principle?

  A job order cost system can be used by managers for

A job order cost system can be used by managers for

  Prepare an income statement and retained earnings statement

Prepare the adjusted trial balance in the "adjusted and post trial balance" worksheet by transferring the adjusted ending balances from the "Ledger" worksheet - Prepare an income statement and retained earnings statement for January 2015 and a Jan..

  Deducting for a contribution to a traditional ira

Sammy, age 31, is unmarried and is not an active participant in a qualified retirement plan. His modified AGI is $55,000 in 2010. The maximum amount that Sammy can deduct for a contribution to a traditional IRA is:

  Prepare heinekens journal entry to record its cash repayment

Prepare Heineken's journal entry to record its cash repayments of its loans and borrowings for 2008. Compute the discount or premium on its loans.

  Calculate the predetermined overhead rates

ACC81210 - Accounting for Managers - Southern Cross University - Calculate the total overhead cost applied to job 145 and What would be the total cost of job

  Journal entries for the above transactions

1. Prepare the journal entries for the above transactions.

  Steve and ed are cousins who were both born on the same day

steve and ed are cousins who were both born on the same day and both turned 25 today. their grandfather began putting

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd