The Hershey and Tootsie Roll Companys Final Report

Everyone remembers going around as a child for one night of the year dressed up as his or her favorite ghoul or storybook character and returning home with a sack full of delicious candies. There were always a variety of candy types, but most of these candies were usually made by two of the major companies in the industry. The Hershey Company and the Tootsie Roll Company were both well represented on this night. Both companies made so many different types of candies for young children to enjoy that the names would forever be imbedded in their minds. These treats were not just for the children, but for the children in all the adults as well. Taste and memories alone are not good enough for the companies to have had as long a tradition as†¦show more content†¦Hershey concentrates on a variety of chocolate products ranging from powder form to an assortment of candy bars, including the famous Hershey Kiss ®, to the wholesaling of large decadent chocolate products for other sma ller chocolate candy manufacturers. Stock Comparisions Stocks between both Hershey Company and Tootsie Roll Industries are similar in nature; however, due to the vast line of products available between the two companies; Hershey comes out ahead with more products to their line. According to current stock numbers, though Tootsie Roll went public in 1922, Hershey, that went public in 1927, has remained the leader. As far as the lowest and highest stock prices have gone in the past 52 weeks, Tootsie Rolls lowest share price was $58.67; while Hersheys lowest share price came in at $29.25. Conversely, Tootsie Rolls highest stock price topped out at $31.96, while Hershey peaked at $65.19 a share. Company Financial Information The Hershey Company and Tootsie Roll Industries are two main confectionery companies. The Hershey Company makes many different products, including chocolate bars, Jolly Ranchers ®, Reeses Peanut Butter Cups ®, etc. Tootsie Roll Industries also has many different products, including, Tootsie Rolls ®, Tootsie Pops ®, Junior Mints, Sugar Daddys, and so forth. The Tootsie Roll Industry is the largest lollipop producer in the world (Hoovers, 2005, para. 1). Amongst all the confectionery companies nationwide, TheShow MoreRelatedAcct-504 Final Project1245 Words   |  5 Pagesï » ¿ Financial Analysis of Hershey and Tootsie Roll Keller University ACCT-504 Instructor: Financial Analysis of Hershey and Tootsie Roll Introduction Tootsie Roll and Hershey are two similar companies with a similar product offering, but they operate on entirely different scales. In an effort to determine the better investment of the two companies we will utilize multiple financial analysis ratios to gauge the health of the respective companies in terms of liquidityRead MoreAccounting 1-4 Chapter100452 Words   |  402 Pagescontent and purpose of each of the financial statements. 5 Explain the meaning of assets, liabilities, and stockholders’ equity, and state the basic accounting equation. 6 Describe the components that supplement the financial statements in an annual report. ââ€"  ââ€"  ââ€"  ââ€"  ââ€"  ââ€"  ââ€"  2 The Navigator is a learning system designed to prompt you to use the learning aids in the chapter and to set priorities as you study. feature story Many students who take this course do not plan to be accountants. IfRead MoreThe Chief Financial Officer (Cfo) of a Two Year Old Company, Cuny R (Cfo) of a Two Year Old Company, Cuny Analytics2646 Words   |  11 PagesIndividual Final Project You have been named the Chief Financial Officer (CFO) of a two year old company, CUNY Analytics. Financials have been prepared by a bookkeeper. As CFO, you responsible for the preparation of accurate financials, analysis and review of the financials before they are released and communication of the results of your company to banks, investors, creditors and the government, as necessary. Please complete the following: a. What are the four major financial statementsRead MoreChapter 4 Income Statement14931 Words   |  60 Pages 8. Understand the uses and limitations of an income statement. Prepare a single-step income statement. Prepare a multiple-step income statement. Explain how to report irregular items. Explain intraperiod tax allocation. Identify where to report earnings per share information. Prepare a retained earnings statement. Explain how to report other comprehensive income. 1, 2 3, 4 4, 5, 6, 7, 10 5, 6, 7 8 9, 10 11 1, 2, 3, 4, 6, 7, 16 4, 5, 6, 8, 10, 14 5, 7, 8, 10, 12, 13, 16 8, 12, 13, 16 7, 8, 9, 10