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Ratio analysis for Tootsie Roll and Hershey Foods

Comments the ratio analysis should include ratios for the years 2008 and 2009. Also should include comparisons between Tootsie Roll and Hershey Foods. Please see attached

Hershey Liquid 2008 Tootsie Roll Liquid 2008
current ratio = current assets/current liability current ratio = current assets/current liability
1,344,945 /1270212 = 1.0588 187,979  / 59,252   = 3.173

Quick ratio = (Current asssets - inventory)/Current liability Quick ratio = (Current asssets - inventory)/Current liability
(1,344,945 - 592,530)/1270212 = 0.592 (187979 - 55,584) / 59,252 = 2.234

Hershey Liquid 2009 Tootsie Roll Liquid 2009
current ratio = current assets/current liability current ratio = current assets/current liability
1,385,434  / 910,628 = 1.521 211878/56066 = 3.779

Quick ratio = (Current asssets - inventory)/Current liability Quick ratio = (Current asssets - inventory)/Current liability
(1,385,434 - 519,712 )/ 910,628  = 0.951 (211878 - 56387)/56066 = 2.773

Comments the ratio analysis should include ratios for the years 2008 and 2009 and should include comparisons between Tootsie Roll and Hershey Foods.

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Liquid ratios
Comments the ratio analysis should include ratios for the years 2008 and 2009. Also should include comparisons between Tootsie Roll and Hershey Foods. Please see attached

Analysis of Current ...

Solution Summary

Solution helps in calculating ratios for the years 2008 and 2009 and comparisons between Tootsie Roll and Hershey Foods

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