Tootsie Roll
Tootsie Hersheys Earnings per share As given in the income statement $1.60 $1.97 Current ratio Current assets $211,878 = 3.78 $1,385,434 = 1.52 Current liabilities $56,066 $910,628 Gross Profit Ratio Gross profit (Net sales - Cost of goods sold) $176,947 = 35.7% $2,053,137 = 38.7% Net Sales $495,592 $5,298,668 Profit margin ratio Net Income $53,475 = 10.8% $435,994 = 8.2% Net Sales $495,592 $5,298,668
Inventory Turnover Cost of Goods Sold $318,645 5.7 $3,245,531 5.8 Average Inventory ((Current Inventory + Previous Inventory) / 2) $55,986 Times $556,121 Times Days in Inventory 365 Days 365 = 64 365 = 63 Inventory turnover 5.7 Days 5.8 Days Receivable Turnover Ratio Net credit sales $495,592 = 14.4 $5,298,668 = 12.24 Average Net Receivables ((Current Accounts Receivable + Previous Accounts Receivable) / 2) $34,363 $432,772 Average Collection Period 365 365 = 25.3 365 = 29.8 Receivable Turnover Ratio 14.42 Days 12.24 Days Assets Turnover Ratio Net Sales $495,592 = 0.60 $5,298,668 = 1.45 Average Total Assets ((Current Assets + Previous Assets) / 2) $825,886 $3,654,875 Return on Assets Ratio Net Income $53,475 = 6.5% $435,994 = 11.9% Average Total Assets ((Current Assets + Previous Assets) / 2) $825,886 $3,654,875 Debt to Total Assets Ratio Total Liabilities $185,762 = 22.2% $2,914,692 = 79.3% Total Assets $838,247 $3,675,031 Times Interest Earned Ratio Net Income + Intrest Expense + Tax Expense $64,422 = 265.1 761,590 = 8.4 Interest Expense $243
Inventory Turnover Cost of Goods Sold $318,645 5.7 $3,245,531 5.8 Average Inventory ((Current Inventory + Previous Inventory) / 2) $55,986 Times $556,121 Times Days in Inventory 365 Days 365 = 64 365 = 63 Inventory turnover 5.7 Days 5.8 Days Receivable Turnover Ratio Net credit sales $495,592 = 14.4 $5,298,668 = 12.24 Average Net Receivables ((Current Accounts Receivable + Previous Accounts Receivable) / 2) $34,363 $432,772 Average Collection Period 365 365 = 25.3 365 = 29.8 Receivable Turnover Ratio 14.42 Days 12.24 Days Assets Turnover Ratio Net Sales $495,592 = 0.60 $5,298,668 = 1.45 Average Total Assets ((Current Assets + Previous Assets) / 2) $825,886 $3,654,875 Return on Assets Ratio Net Income $53,475 = 6.5% $435,994 = 11.9% Average Total Assets ((Current Assets + Previous Assets) / 2) $825,886 $3,654,875 Debt to Total Assets Ratio Total Liabilities $185,762 = 22.2% $2,914,692 = 79.3% Total Assets $838,247 $3,675,031 Times Interest Earned Ratio Net Income + Intrest Expense + Tax Expense $64,422 = 265.1 761,590 = 8.4 Interest Expense $243