project 1 - EarningsperShare $0.94 CurrentRatio...

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The finanical ratio for To Tootsie Roll industries Earnings per Share $0.94  Current Ratio $199,726/$57,972=3.44:1 Gross Profit Rate $168,673/$492,717=33.89% Profit Margin Ration $51,625/$492,742=10.4% Inventory Turnover Ratio Days in Inventory 365/5.4=68 days Earnings per Share= (Net Income - Preferred Stock Dividends) / Avera Current Ration=current assets/current liabilities Gross Profit Rate= gross profit/net sales Profit Margin Ration= Net Income / Net Sales Inventory Turnover Ratio = Cost of Goods Sold / Average Inventory Days in Inventory = 365 / Inventory Turnover Ratio $327,695/[(57402+63957)/2]=5.4  times
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ootsie Roll industries and The Hershey  The Hershey Company Ratio $0.96  $1,426,574/$1,618,770=.88:1 $1,631,569/$4,946,716=33.0% $214,154/$4,946,716=4.3% 365/5.3=69 days age Common Shares Outstanding $327,695/[(600185+648820)/2]=5.3  times
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 Company on DeCember 31, 2007 Interpretation and comparison between the two companies' ratios The two companies' earnings per share are close.And Hershey's is a little bit 
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project 1 - EarningsperShare $0.94 CurrentRatio...

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