Refer to the most current financial statements of Tootsie Roll Industries, Inc. Research and answer the following questions. Present your information in a clear and concise, professional business report. Use correct APA format.
What was the total stockholders’ equity for each of the two most current years?
What seems to be the main reason for the change in stockholders’ equity?
What is the largest component of stockholders’ equity?
Does the company have any preferred stock? How many classes of common stock does the company have?
How many shares of common stock are authorized, issued, and outstanding?
Refer to the Statement of Earnings. Did the company declare any dividends? Were they cash or stock dividends?
Has the company repurchased any of its own shares? What is the total effect on shareholders’ equity of the repurchase?
What is the return on stockholders’ equity?
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