Prepare a four-column worksheet in Excel, column 1 to write the ratio names, column 2 to show the calculation of each ratio for Tootsie Roll Industries, column 3 to show the calculation of each ratio for The Hershey Company, and column 4 to include your DETAILED comments about each ratio and what the ratio tells you about each company under study. Calculate each of the following six ratios.

Prepare a four-column worksheet in Excel, column 1 to write the ratio names, column 2 to show the calculation of each ratio for Tootsie Roll Industries, column 3 to show the calculation of each ratio for The Hershey Company, and column 4 to include your DETAILED comments about each ratio and what the ratio tells you about each company under study. Calculate each of the following six ratios. See Attachment

For Year Ending December 31, 2007

Tootsie Roll Industries & The Hershey Company Interpretation and comparison between the Ratios

1)Earnings per Share

2)Current Ratio

3)Gross Profit Rate

4)Profit Margin Ratio

5)Inventory Turnover Ratio

6)Days in Inventory (Average Age of Inventory)

Prepare a four-column worksheet in Excel, column 1 to write the ratio names, column 2 to show the calculation of each ratio for Tootsie Roll Industries, column 3 to show the calculation of each ratio for The Hershey Company, and column 4 to include your DETAILED comments about each ratio and what the ratio tells you about each company under study. Calculate each of the following six ratios. See Attachment

For Year Ending December 31, 2007

Tootsie Roll Industries & The Hershey Company Interpretation and comparison between the Ratios

1)Earnings per Share

2)Current Ratio

3)Gross Profit Rate

4)Profit Margin Ratio

5)Inventory Turnover Ratio

6)Days in Inventory (Average Age of Inventory)

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