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. Using the financial statements for Tootsie Roll Industries and The Hershey Company located in Appendix A and B, respectively, you will calculate

. Using the financial statements for Tootsie Roll Industries and The Hershey Company located in Appendix A and B, respectively, you will calculate and compare the financial ratios listed below for the year ended on December 31, 2007, and prepare your comments about the liquidity, solvency and profitability of the two companies based on your ratio calculations.

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