Problem:
Find a manufacturing company's annual report.
Calculate the following ratios for the company ( company selected below) selected:
- Return on Assets
- Return on Equity
- Gross Profit Margin
- Debt/Equity Ratio
- Debt Ratio
- Current Ratio
- Quick Ratio
- Inventory Turnover
- Total Asset Turnover
- Price Earnings Ratio
Using the calculated ratios, analyze the financial performance of the firm. In a memo to the CEO, explain the ratios calculated. Also address other methods of analyzing financial statements besides ratio analysis. Lastly, explain your analysis of the firm, making recommendations for improvements.
For this task please use the following company:
Tootsie Roll Corporation (2006) https://www.tootsie.com
Calculate the following ratios for 2006: (NOTE 2006)
- Return on Assets
- Return on Equity
- Gross Profit Margin
- Debt Ratio
- Current Ratio
- Debt/Equity Ratio
- Inventory Turnover
- Quick Ratio
- Price Earnings Ratio
- Total Asset Turnover
Using the calculated ratios, analyze the financial performance of the firm
In a memo to the CEO, explain the ratios calculated
Also address other methods of analyzing financial statements besides ratio analysis
Lastly, include within your analysis of the firm, recommendations for improvements
2000 words - original work - apa format references - original work