Tootsie Roll Industries
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Tootsie Roll Industries Inc. Loan Package
Abstract
Tootsie Roll Loan Industries Inc. Loan Package is a team assignment for University of Phoenix course ACC/561. Tootsie Roll Loan Industries Inc. Loan Package contains the discussion for a small business loan for Tootsie Roll. The content of the paper includes the introduction, the rational for the loan, intended use of the loan, ratio analysis indicating the financial health of the company, and concluding remarks.
Tootsie Roll Industries Inc. Loan Package
The financial stability of a company is important to loan offices when trying to secure a loan. A company should computeits financial ratios from its financial statements. Securing a loan for a companyrequires the demonstration of financial health and performance of the company. Three categories of ratio analysis provide credible financial metrics about a company. The first category is related to the company’s liquidity or the capacity of the company to meet its obligations (i.e. payroll, pay rent) to debtors. Second, the company’s solvency is related to its ability to pay interest. Third, the company’s profitably in which the computed ratios measure the income of the company. Below is an outline of Tootsie Roll Industries ratio analysis, loan purpose, and financial information to secure a loan.
Ratio Analysis
Ratio Analysis is an effective method for measuring the financial health and performance of a company (Kimmel, Weygandt&Kieso, 2009). Accurate and up-to-date financial statements are required to compute reliable ratios. According to Lial, Hestwood, Hornsby, and McGinnis (2010), “A ratio compares two quantities” (p. 428).Ratio analysis uses data values from a company’s financial statements. One data value is placed in the numerator and one data value is placed in the denominator. The resulting ratio can assist with determining the financial health and performance of a company. Liquidity ratios, solvency ratios, and...
Abstract
Tootsie Roll Loan Industries Inc. Loan Package is a team assignment for University of Phoenix course ACC/561. Tootsie Roll Loan Industries Inc. Loan Package contains the discussion for a small business loan for Tootsie Roll. The content of the paper includes the introduction, the rational for the loan, intended use of the loan, ratio analysis indicating the financial health of the company, and concluding remarks.
Tootsie Roll Industries Inc. Loan Package
The financial stability of a company is important to loan offices when trying to secure a loan. A company should computeits financial ratios from its financial statements. Securing a loan for a companyrequires the demonstration of financial health and performance of the company. Three categories of ratio analysis provide credible financial metrics about a company. The first category is related to the company’s liquidity or the capacity of the company to meet its obligations (i.e. payroll, pay rent) to debtors. Second, the company’s solvency is related to its ability to pay interest. Third, the company’s profitably in which the computed ratios measure the income of the company. Below is an outline of Tootsie Roll Industries ratio analysis, loan purpose, and financial information to secure a loan.
Ratio Analysis
Ratio Analysis is an effective method for measuring the financial health and performance of a company (Kimmel, Weygandt&Kieso, 2009). Accurate and up-to-date financial statements are required to compute reliable ratios. According to Lial, Hestwood, Hornsby, and McGinnis (2010), “A ratio compares two quantities” (p. 428).Ratio analysis uses data values from a company’s financial statements. One data value is placed in the numerator and one data value is placed in the denominator. The resulting ratio can assist with determining the financial health and performance of a company. Liquidity ratios, solvency ratios, and...