Refer to the balance sheet and statement of shareholders


Refer to the balance sheet and statement of shareholders equity of Tootsie Roll Industries, INC

Research and answer the following APA format

1. What was the total stockholders equity for each of the two most current years?

2. What seems to be the main reason for the change in stockholders equity?

3. What is the largest component of stockholders equity?

4. Does the company have preferred stock? How many classes of common stock does the company have?

5. How many shares of common stock are authorized, issued and outstanding?

6. Refer to the Statement of Earnings. Did the company declare any divdends? Were they cash or stock dividends?

7. Has the company repurchased any of its own shares? What is the total effect on shareholders equity of the repurchase?

8. What is the return on stockholders equity?

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Accounting Basics: Refer to the balance sheet and statement of shareholders
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