Tootsie Roll Industries has two business segments, one for operations in the U.S. and one for operations

Question:

Tootsie Roll Industries has two business segments, one for operations in the U.S. and one for operations in Mexico and Canada. The information below (in thousands) comes from a recent annual report. Find the ROI for each segment for each year.


Tootsie Roll Industries has two business segments, one for operations


Instructions
Find and analyze segment ROI using the DuPont method described in this chapter. Explain the performance difference between the two segments across the two years by using the information from the DuPont breakdown of ROI. How does the fact that Tootsie Roll acquired a foreign-based company in August of Year 2 affect youranalysis?

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Related Book For  book-img-for-question

Financial and Managerial Accounting the basis for business decisions

ISBN: 978-0078111044

16th edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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