Hershey and Tootsie Financial Sheet Evaluation - Free Essay Example

Sample details Pages: 1 Words: 351 Downloads: 6 Date added: 2017/09/19 Category Finance Essay Type Narrative essay Level High school Did you like this example? Tootsie Roll Industries Ratios (pg 732) The Hershey Company Ratio Interpretation and comparison between the two companies ratios Earnings per Share Current Ratio Hershey had net sales close to ten times those of (4,946,716 (51,625 Earnings / Tootsie Roll, however their outstanding shares were Earnings / 492,753 54,296 Outstanding also an order of magnitude greater than those of Outstanding Shares) = $0. 95 Tootsie Roll. Although earnings are greater for Shares) = $0. 96 Hershey, the EPS indicates that Tootsie Roll is as effective at providing value per share as Hershey. Tootsie Rolls ability to pay liabilities should it have to liquidate assets is 3. 92 times as great as that of Hershey. Hersheys ratio is less than one which indicates it has more current liabilites than current ($1,426,574 assets. Should Hershey have to liquidate, it would not ( $199,726 Current Current Assets / $1,618,770 be able to pay off all of its current dates. Tootsie Assets / $57,972 Current Liabil ities) = Current Liabilities ) Rolls ability to pay debt is much greater than that of 3. 45 = 0. 88 Hershey. $497,717 Sales $327,695 COGS)/ $492,742 Sales = $168,673 Gross Profit/ $497,717 Net Sales = 33. 89% ( 4,946,716 Sales 3,315,147 COGS)/ $4,946,716 Sales = $1,631,569 Gross Profit/$4,946,716 = 32. 98% Gross Profit Rate (pg 241) Both companies have similar gross profit margins which indicates that neither business can leverage its size to boost the bottom line. This calculation is not as valuable to the investor as the profit margin ratio. Tootsie Rolls ability to keep its overhead low allows the company to retain a proportionally larger amount of profits versus sales. Hersheys profit argin ratio is ( $214,154 Gross half of that of Tootsie Rolls. This indicates that ( $51,625 Gross Profit / $4,946,716 despite Hersheys far greater sales, the companys Profit / $497,717 Profit Margin Net Sales) x 100 = Net Sales) x 100 = overhead prevents it from retaining more of its revenue. 4. 3 3 Ratio (pg 244) 10. 37% ( $3,315,147 Product ($327,695 Product COGS)/(($600,185 COGS)/(($121,359)/ + $648,820 )/2 Inventory turnover time is similar for both companies, Average 2) Average Inventory)=$3,315, although Hershey turns over a far greater quantity of Inventory) = $327,695/$60,679. 47/$624,502. 50= inventory per year. Both comapanies are roughly as Inventory efficient at turning over their product as the other. 5. 31 Turnover Ratio 50 = 5. 40 On average, both companies will hold on to their inventory for roughly the same amount of time. Both days in 365 days / 5. 40 = 365 days / 5. 31 = companies are roughly as effective as the other in Inventory 67. 59 68. 74 converting their inventory to cash. Don’t waste time! Our writers will create an original "Hershey and Tootsie Financial Sheet Evaluation" essay for you Create order

Business Analysis of 20th Century Insurance Essay

Business Analysis of 20th Century Insurance Table of Contents History, Position, Targeted Market, Goals Page 3 Northridge Earthquake, Crisis Page 4 Comeback Kid, Results of PR Campaign Page 6 Developing a Crisis Plan, Page 7 Crisis Team, Milestones for Communication Page 8 Issues Page 9 Plan Approval, Anticipated competitive responses Page 11 Recommended press release Page 14 References Page 15 Appendix A†¦show more content†¦They were exploring plans to expand their business by selling insurance in other states such as, Arizona, Nevada and Oregon. The company was also looking at the idea of possibly changing the companys name, in light of the newly approaching 21st Century. However, all its plans for growth were immediately put on hold due to the January 17, 1994, magnitude-6.7, Northridge Earthquake that cost the company over $1,065 billion. The Northridge Earthquake The Northridge Earthquake was recently characterized as one of this nations most costly disasters ever, as it has been 20th Centurys most costly and devastating in terms of its finances, reputation and survival. In the past five years since this catastrophic occurrence, 20th has encountered near financial ruin, class action lawsuits filed by homeowners, name smearing and accusations of illegal business dealings made to the press by their disgruntled claims manager and a near take-over of the company by their financial savior Automobile Insurance Group (AIG). This series of events could have been described by many as a Public Relations nightmare for the company, instead, 20th chose to look at it as their biggest opportunity to do PR. Crisis Physically violent acts of God, such as an earthquake are often times both hard to predict and prepare for. 20ths, Corporate Relations, SeniorShow MoreRelatedHuman Resource Roles And Impact818 Words   |  4 PagesResources developed during the industrial ages since the factories were tasked with managing a large number of employees and maintaining their employees safety. During the 20th Century, the Human Resource function expanded to complying with social requirements and the productivity of its employees. At the end of the 20th Century, the Human Resource function focused more on developing their leaders due to the increase of technology and globalization, (â€Å"Brief History of Human Resources and HR Management†Read MoreA Country Risk Assessments, Mitigation Strategies And Analysis For Myanmar, Mexico And Turkey Countries1741 Words   |  7 Pages___________________________________________________________ NOTE: Complete country risk assessments, mitigation strategies and analysis for Myanmar, Mexico and Turkey Countries are based considering Acme Overseas Contractors. 1. POLITICAL STRUCTURE AND POLITICAL RISKS IN EACH COUNTRY: (a.) Myanmar (Burma): Political Structure: Myanmar has been ruled by the military Junta from mid 20th century to early 21st century for almost 50 years and had the complete power and grip over country and political situation. The 2010Read MoreHistory of Statistics1100 Words   |  5 Pagestime, there have been changes to the interpretation of the word  statistics. By the 18th century, the term statistics designated the  systematic collection  ofdemographic  and  economic  data by states. In the early 19th century, the meaning of statistics broadened to include the discipline concerned with the collection, summary, and analysis of data. Today statistics is widely employed in government, business, and all the sciences. Electronic  computers  have expedited  statistical computation, and haveRead MoreGlobal Warming Affects International Business1182 Words   |  5 PagesDuring the 20th century, the earth s average surface temperature increased by 0.6 °  ± ().2 °C (Folland et al. 2001), and there’s strong evidence that human activities are the main cause of this trend (Mitchell et al. 2001). This increase in global surface temperature is thought to have at least some effect on the frequency of extreme weather events due to climate changes (Folland et al. 2001), and there is concern that these changes will have an enormous impact on various industries (Hitz and SmithRead MoreMission Of The Company 41500 Words   |  6 Pagesâ€Æ' A. Executive Summary 4 A1. Company Identification 4 A2. Mission of the Company 4 A3. Business Goals 4 A4. Keys to Success 4 B. Company Summary 5 B1. Industry History 5 B2. Legal Form of Ownership 5 B3. Location and Facilities 5 B4. Management Structure 5 B5. Products and Services 5 C. Market Analysis 6 C1. Target Market 6 C2. Industry Analysis 6 C3. SWOT Analysis 7 D. Market Strategy 8 D1. 4Ps 8 D2. Price List 8 D3. Promotional Strategy 8 D4. Sales Forecast 8 E. Implementation StrategyRead MoreIndustry History : A Company1543 Words   |  7 Pagesin Europe in the fourteenth century. This was made possible by the developments of the legal and accounting systems which enabled money-tracking. The 17th century marked another change when the first stock markets started rolling. It also provided the business sector and the governments an opportunity to collect funds by selling equity and the money-borrowing concept was altered (History of Banking and Finance, n.d.). Financial planning services by the md-20th century primarily meant one thing:Read MoreEconomic Development : The United Kingdom And Japan1299 Words   |  6 Pagescompare and contrast. Economic development is defined as efforts that seek to improve the economic well-being and quality of life for a community by creating and/or retaining jobs and supporting our growing income and the tax base. This comparative analysis for my research comes from chapter four in the textbook which deals with the subject of political economies. The first country that I wanted to discuss was the United Kingdom. From my research, I have conducted that although there are manyRead MoreIncome Inequality And The Distribution Of Wealth And Income1705 Words   |  7 Pagesunemployment insurance, old age security, and child benefits) which play an important role in reducing income inequality. The Nigerian government’s regulations unlike the Canadian government is ineffective in reducing the income inequality. Nigerian economy over the years have deteriorated to the extent that government in the country are considering selling major social amenities to private individuals and foreigners. The question is income inequality beneficial to individuals or business corporationsRead MoreHow Did World War II Affect Women s Rights1996 Words   |  8 Pagesin the past century, this investigation will provide an in-depth analysis of what rights have truly been gained, at what pace, when and to what extent, specifically in regards to Canadian women in the labor force. Therefore, the question as to â€Å"How did World War II affect Women’s Rights in the Labor Force of Canada?† will be investigated by first representing three sources (all scholarly articles), Women and Income Security in the Post-War Period: The Case of Unemployment Insurance, 1945-1962 ByRead MoreMicroeconomics Concepts in a UK-Based Organization: A Case Analysis of Barclays1784 Words   |  7 PagesEvery organization has to analyze its business environment before making policies and strategies for its day to day operations, marketing and promotional efforts, and competing with the industry rivals (Loudon, Stevens, Wrenn 2004). The key factors of the business environment that affect the business operations of a company include political, economic, technological, environmental, cultural, and demographical factors. In addition to these factors, an analysis of the competitive forces is also essential

Alcohol and Tobacco Free Essays

Alcohol and tobacco use is becoming more common every day in our society. The media is continuously advertising tobacco companies and different brands of alcohol, while the government is continuously sending warning messages about the harm that alcohol and tobacco can cause. Tobacco can forever damage you’re your internal organs, while alcohol can cause major damage to your body as well as the people surrounding you. We will write a custom essay sample on Alcohol and Tobacco or any similar topic only for you Order Now Although the public knows about the negative effects of these products, people still continue to use the substances without thinking twice. These products are legal if you are of age, so people will continue to experiment with alcohol and tobacco. On the other hand, drugs are not legal and are not advertised all over the media because they are prohibited in our society. If drugs were legal, experimentation and usage of these dangerous and deadly drugs would skyrocket. The usage of alcohol and tobacco is legal, but the usage of drugs should be prohibited in the United States. A theory is that if a person tries one drug such as marijuana, there is a high likelihood that that person will eventually try a harder drug such as cocaine. This is a very scary thought. If drugs were legal, many more individuals would be trying them. The media would be advertising cocaine like it was voldka. There is a large difference between these two products. People would feel like it was okay to experiment with the drug because its usage was legal. This could be harmful, because everyone can have a different effect to each drug. Drugs such as cocaine and heroin are highly addictive and dangerous. They not only cause damage to the person using but also to surrounding people. I am not trying to undersize alcohol and the damage it can cause, but at least there are laws against driving while intoxicated so that you can prevent yourself from harming another individual. Tobacco use affects your body in the long run, but other than second hand smoke, it does not directly put others in danger. Certain drugs can make a person spiral out of control and make them do certain things that they would never do if they were clean. A counter viewpoint is that drugs should be legalized because it is a person choice to use or consume whatever they wish. Advocates of legalizing drugs say that people will use drugs if they have the desire to whether it is legal or illegal. They mention that what is the difference between tobacco and alcohol versus drugs. Alcohol can be just as damaging to other people as drugs can be sometimes. The United States is a free country where we can speak how we feel and do how we feel and no one can tell us how to live our life. They say that if people want to use alcohol, tobacco and illegal drugs, they should have the freedom to do so. Both sides make valid points, but I definitely feel that drug usage would contaminate our society even more. How to cite Alcohol and Tobacco, Papers Alcohol and Tobacco Free Essays Alcohol and tobacco use is becoming more common every day in our society. The media is continuously advertising tobacco companies and different brands of alcohol, while the government is continuously sending warning messages about the harm that alcohol and tobacco can cause. Tobacco can forever damage you’re your internal organs, while alcohol can cause major damage to your body as well as the people surrounding you. We will write a custom essay sample on Alcohol and Tobacco or any similar topic only for you Order Now Although the public knows about the negative effects of these products, people still continue to use the substances without thinking twice. These products are legal if you are of age, so people will continue to experiment with alcohol and tobacco. On the other hand, drugs are not legal and are not advertised all over the media because they are prohibited in our society. If drugs were legal, experimentation and usage of these dangerous and deadly drugs would skyrocket. The usage of alcohol and tobacco is legal, but the usage of drugs should be prohibited in the United States. A theory is that if a person tries one drug such as marijuana, there is a high likelihood that that person will eventually try a harder drug such as cocaine. This is a very scary thought. If drugs were legal, many more individuals would be trying them. The media would be advertising cocaine like it was voldka. There is a large difference between these two products. People would feel like it was okay to experiment with the drug because its usage was legal. This could be harmful, because everyone can have a different effect to each drug. Drugs such as cocaine and heroin are highly addictive and dangerous. They not only cause damage to the person using but also to surrounding people. I am not trying to undersize alcohol and the damage it can cause, but at least there are laws against driving while intoxicated so that you can prevent yourself from harming another individual. Tobacco use affects your body in the long run, but other than second hand smoke, it does not directly put others in danger. Certain drugs can make a person spiral out of control and make them do certain things that they would never do if they were clean. A counter viewpoint is that drugs should be legalized because it is a person choice to use or consume whatever they wish. Advocates of legalizing drugs say that people will use drugs if they have the desire to whether it is legal or illegal. They mention that what is the difference between tobacco and alcohol versus drugs. Alcohol can be just as damaging to other people as drugs can be sometimes. The United States is a free country where we can speak how we feel and do how we feel and no one can tell us how to live our life. They say that if people want to use alcohol, tobacco and illegal drugs, they should have the freedom to do so. Both sides make valid points, but I definitely feel that drug usage would contaminate our society even more. How to cite Alcohol and Tobacco, Essay examples

Responsibility of Human Resource Director-Free-Samples for Students

Question: Assume that you are the CEO of a Multinational Corporation. What are some of the Key Competencies will you expect from your HR Director. Why? Answer: Introduction This study deals with explaining the aspect of international human resource management. In multi-national corporations, the main responsibility of human resource director is to develop strategies for the management of employees that are working in a business organization in and across the world (Reilly Williams, 2016). As a CEO of a multinational corporation, it is necessary to expect some of the key competencies that should be present in the HR Director. The present study clearly highlights these key competencies of HR Director so that there is employee retention and reduced attrition rate in an organization. Key competencies of HR Director Negotiation Skills- the HR Director should have cooperation skills at the time of handling employees in a multinational corporation. They should have communication as well as relationship skills as it will help in negotiating win-win situations for the hired employees (Reilly Williams, 2016). Job Knowledge- the Human Resource Director should have proper knowledge of the job. Human resource is an information-oriented field where company need to comply with the labor laws as well as health issues and safety concerns at local, national and international level (Glaister, 2014). Qualified Recruitment- the Human Resource Director should recruit deserving candidates and potential applicants to the prospects that can meet future job opportunities. Effective Training- The Human Resource Director should provide training session to the employees and explain their job roles and responsibilities. They are accountable for creating teaching agenda that will help employees for fulfilling their daily job purpose as well as progress to other positions within the business or responding well for business changes and business shifts (Reilly Williams, 2016).. Influential Power- the Human Resource Director should have the skill to persuade people. They should inspire human resources and show ways where the employees can excel at their job and embracing changes for taking ethical decisions (Armstrong Taylor, 2014). Critical thinking skills- The Human Resource Director should have critical thinking skills for solving the matter in smoother forms. Employees belong from diverse educational background where it is the role of HR Director to strategically cultivate an environment so that all can work together towards the business improvement. Leadership- The Human Resource Director need to have leadership skills as it is an important competency. It is the responsibility of HR Director for creating strategic plans for the entire workforce who works for the multinational corporation. In addition, leadership skills are actually critical as it is the process that justifies the well-designed elements of a tactical plan to the executive team of a business enterprise (Armstrong, 2016). Conclusion At the end of the study, it is concluded that HR Director need to have essential core competencies so that there is smooth function of business enterprise. It is the HR Director who are directly responsible to the performance of employees who work for any multinational company- The above study clearly mentions about the core competency that are needed in a HR Director for achieving future success and improvement in a multinational corporation. Reference List Armstrong, M. (2016).Armstrong's Handbook of Management and Leadership for Hr: Developing Effective People Skills for Better Leadership and Management. Kogan Page Publishers. Armstrong, M., Taylor, S. (2014).Armstrong's handbook of human resource management practice. Kogan Page Publishers. Glaister, A. J. (2014). HR outsourcing: the impact on HR role, competency development and relationships.Human resource management journal,24(2), 211-226. Reilly, P., Williams, T. (2016).Strategic HR: Building the capability to deliver. CRC Press.