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Essay / Research Paper Abstract
This 9 page paper undertakes an analysis of the financial performance of Toostie Roll Industries and Herschey’s. Paper is based on ratios supplied by the student, looking at the background of the two companies and then compares the ratios looking at profitability, liquidity, efficiency and return on investment. The bibliography cites 8 sources.
Page Count:
9 pages (~225 words per page)
File: TS14_TEtoothersh2.rtf
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Unformatted sample text from the term paper:
ways, with variances regarding the type of decision or assessment that it needed, this may be considered in terms of potential investment or as a potential risk if a lender
is undertaking and assessment can be examined with the use of ratio analysis1. In order of the analysis to have some context it is beneficial to have some background concerning
the firm as well as compare the firm to a close rival or to the industry in general. If an investment choice between to firms in a similar industry exists,
a direct comparison ca be advantageous. In this paper there is an assessment of Tootsies and Hersheys. 2. Background 2.1 Tootsie The history of Tootsie Roll Industries, the manufacturer of
the Tootsie roll along with an expanding range of other confectionary and candy items, started in 1896 by Leo Hirshfield. Born in Austria, Hirshfield moved to the US with a
background in the making of hand crafted candy and started up a small candy shop in New York City (Tootsie, 2010). The core product was created at this stage, a
long oblong chewy cansy that tasted of chocolate and was wrapped individually. These were sold at 1 penny each, the name for these, which became known as the Tootsie rolls
came from Hirshfields young daughter who at the age of five coined the name as a nickname (Tootsie, 2010). The firm expanded from this modest beginning with the benefit
of this core product and ongoing expansion, in 1931 the tootsies pop was launched. Over the years the product line has expanded, and includes ranges such as Andes, Charms, Razzles,
Double Bubble and Frooties with a firm that now produces 64 million tootsies rolls every day, and takes pride in answering all letters for children who write in to
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