Premium Essay

Fi504 Course Project

In: Business and Management

Submitted By paul62285
Words 6519
Pages 27
Tootsie Roll Industries, Inc. and its subsidiaries manufacture and sell confectionery products in the United States, Canada, and Mexico. It sells its products under various names. The company markets its products to wholesale distributors of candy and groceries, supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, warehouse and membership club stores, vending machine operators, and the U. S. military and fund-raising charitable organizations. Tootsie Roll Industries was founded in 1896 and is based in Chicago, Illinois. The Hershey Company, together with its subsidiaries, engages in manufacturing, marketing, selling, and distributing various chocolate and confectionery products, pantry items, and gum and mint refreshment products worldwide. It offers various chocolate and confectionery products as well as various snack products, a line of refreshment products, such as mints, chewing gum, and bubble gum, and a line of pantry items. It sells its products through sales representatives and food brokers, primarily to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, department stores, and natural food stores. The company was founded in 1893 and is based in Hershey, Pennsylvania.

Tootsie Roll Industries Ratios

Hershey Foods Corporation Ratios

Interpretation and Comparison between the two companies' ratios Earnings per share serves as an indicator of a company's profitability. The EPS is a good measure of profitability and when compared with EPS of similar companies and it gives a view of the comparative earnings or earnings power of the company. The EPS of Tootsie Roll Industries of $0.94 is slightly lower than the EPS of Hershey Foods Corporation's $0.96. Both companies…...

Similar Documents

Premium Essay

Course Project

...Course Project Walt Disney and Netflix Michael Wilson Keller Graduate School of Management Managing Organizational Change HRM 587 Professor Swift Course Project Walt Disney and Netflix Course Project Proposal For my course project I choose Walt Disney and the Netflix companies. I choose these two companies because I believe they are both going through significant changes in the way they are offering forms of the entertainment they provide. How they respond to the external forces that are requiring them to change has been different based on their resources and the demand their customers have. One company has many years of providing entertainment to many generations who value their judgment delivering quality products through many different mediums. The other company is new to the entertainment providing industry and has changed how businesses in that industry think about what their customers need based on the changes in the new technology developed in the past few years. For Walt Disney the changes will be how to maintain a quality relationship with the generations of customers who have purchased their movies in different formats that are no longer adaptable in the newest technology. Can they convince the owners of the video tapes that ownership of their products in other formats is still the answer? For Netflix the changes include a system that goes against the need to own the products, but trust that they will provide the entertainment they want when and......

Words: 4257 - Pages: 18

Premium Essay

Project Management-Course Project

...Paradise Assisted Living Project Arlynne Lumbao MGMT 404 Project Management DeVry University June 8, 2013 Executive Summary: The XYZ Health Care Corporation is growing so fast and has met the maximum capacity of 20 residents. The CEO and the Director Manager have decided to start a project for a new Home called Paradise Assisted Living to meet the needs of the elderly that are in the waiting list. The total cost for this project to start a new Home Assisted Living is approximately $500,000.00, including home purchase, appliances and furniture purchase, assigned team member, new staff training, and necessary renovations and adjustments. Scope Statement Goal Definition The Paradise Assisted Living Project is a home base setting in a three bedroom home with occupancy of 6 residents which will meet the healthcare regulations of 2 residents in each room. Accessible design features of the home such as hand rails, wider doorways, lever handles, special showers, wider hallways, and grab bars will be added. Prior in obtaining licensure, the home must have a secure and maintain an appropriate facility fire clearance approved by the fire authority having jurisdiction. The home must meet standards established by the State Fire Marshal and the local fire authority having jurisdiction for the protection of life and property against fire. A written emergency disaster plan that contains a plan for evacuation will addresses elements of sheltering, identifies......

Words: 2581 - Pages: 11

Premium Essay

Course Project

...Course Project Author Note This assignment is being submitted on September 5, 2013, for N235/CET2629 Section 02 Cisco Networking Fundamentals and Routing course. Course Project Assuming that the router (R1) connecting the NOC to the outside world is configured with an IP address of 154.78.0.1 is directly linked to router (R2) with IP address 154.78.0.244 complete the following: Explain the steps required to configure router R1 and R2 to use Frame relay your explanation should include the commands used. Frame relay is fairly simple to configure. Remember that by default, Cisco uses High-level Data Link Control (HDLC) as a serial link encapsulation. This is a proprietary encapsulation and can only be used if you’re connecting two Cisco routers with a point-to-point link. Frame relay allows you to connect multiple vendors’ routers because of the frame relay standards created. The configuration of each router is very simple and looks something like this: R1 Router>enable Router#config t Router(config)#hostname R1 R1(config)# interface serial 0 R1(config-if)#ip address 154.78.0.1 255.255.0.0 R1(config-if)#no shutdown R1(config-if)#exit R1(config)#exit R1# R2 Router>enable Router#config t Router(config)#hostname R2 R2(config)#interface serial 0 R2(config-if)#ip address 154.78.0.244/255.255.0.0 R2(config-if)#no shutdown R2(config-if)#exit R2(config)#exit R2# The two routers can now communicate point to point. If a company had large......

Words: 935 - Pages: 4

Premium Essay

Course Project

...Leone Co. Smart Nuclear Missile Weapon’s Project Sean Calhoun Sarah Sanchez Gerardo Cazares MGMT404 Project Management DeVry University 4/15/12 Table of Contents 3…………………………………....... Executive Summary, Scope Statement 4…………………………………………………………………… Objective Definition 5…………………………………………………………… Objective Definition 6………………………………………………………………… Technical Requirements: 7………………………………………………… Limits and Exclusions 8…………………………………….. Decision Making and Concern Levels Matrix 9………………………………High-Level Gantt Chart View, Work Breakdown Structure 10………………………………………………………… Risk Identification 11……………………………………………………………………….. Risk Identification C. 12……………………………………………………… Risk Assessment 13…………………………………………………… Risk Response Matrix 14……………………………………………………. First & Second Highest Risk 15……………………………………………………… Communication Plan 16………………………………………………. Communication Plan Matrix 17……………………………………… Performance Measurement and Control Approach 18……………………………………………………… Audit Process and Timetable 19…………………………………………………… Customer Review 20………………………………………………………Conclusion / Recommendation Executive Summary Through the use of personal computers, customized computer software, and unclassified databases, the Natural Resource Defense Council (NRDC) is now able to model nuclear conflict and approximate the effects of the use of nuclear weapons. For the first time, this allows nongovernmental organizations and scholars to perform......

Words: 4707 - Pages: 19

Premium Essay

Course Project

...Course Project- Disney and Pixar- The Change Analysis- Images of Change HRM587- Managing Organizational Change DeVry University, Keller Graduate School of Management July 2014 The Change Analysis- Images of Change Disney used the character of Mickey Mouse and others to create movies that customers enjoyed like “Beauty and the Beast” while Pixar was producing made up animated characters to create films like “Cars” and “Wall-E”. Disney was creating animated movies but struggling to generate the amount of money Pixar was making on producing only one movie a year. Disney wanted to grow in creating more animated movies and decided to buy out Pixar in 2006 for $7.4 million dollars. (Barnes, 2008) According to Disney’s CEO Robert Iger, “The addition of Pixar significantly enhances Disney animation, which is a critical creative engine for driving growth across our businesses.” (La Monica, 2006) This buy out was great for Disney but Pixar had many doubts and hesitation about changes that were to come. Disney and Pixar executives needed to come up with an integration plan that would combine two unique cultures into one. In order to bridge these two cultures together, the organizational structure of the merger was discussed and agreed upon in terms of making both parties happy. The shareholders and stakeholders of both Disney and Pixar recognized that “this acquisition combines Pixar’s preeminent creative and technological resources with Disney’s unparalleled portfolio of...

Words: 1827 - Pages: 8

Premium Essay

Course Project

...John Smith Course Project HOSP 330 DeVry University Table of Contents 3. Introduction 4. Background 5. Advertising 6. Budget 7. Location 8. Amenities 9. Security 10. Target Market 11. Fees 19. Opportunities 20. Summary 21. References Introduction The purpose of this course project is to coordinate an event to market the service that the Hilton at Tempe Town Lake can provide to university students in the local Tempe, AZ area. The marketing for this event will specifically target students that are either currently attending Arizona State University or have previously attended Arizona State University. Throughout this paper, I will discuss how I will advertise my event, where I will advertise my event, who is the target market for my event and how much I am willing to spend on advertising for my event. After reading through this course project, it will clear how best to coordinate and hold an event and see the potential for promotion and advertising using this plan. I anticipate the overall positive attributes for both my event and the overall financial potential of The Hilton at Tempe Town Lake to greatly benefit both parties and to continue to be a profitable excursion for many years to come. The Hilton at Tempe Town Lake Invites You! For my course project, I have chosen to hold my event at a Hilton Hotel. “The most recognized name in the industry, Hilton Hotels & Resorts stands as the stylish, forward thinking global leader...

Words: 3184 - Pages: 13

Premium Essay

Course Project

...Course Project: Creating the Marketing Plan Objectives | Introduction | Guidelines | Milestones | Grading Rubrics Objectives The Course Project gives students the opportunity to synthesize all of the concepts in the BUSN319 Marketing course by applying them to develop a comprehensive marketing plan for a new business, product, or service. Introduction Product innovation and marketing are the only enduring competitive advantages that companies can use to survive and thrive in the marketplace. In the next 7 weeks, you are going to participate in designing and writing a marketing plan for a business, product, or service of your choosing. Your active participation in this project, first, is essential to building your understanding of marketing; secondly, you can use a well-written marketing plan to show prospective employers a sample of your work. A marketing plan is a guide for the marketing activities of an organization for a specified period of time, typically about 5 years (note: usually 6 mo, one year). The plan can be used internally to guide the marketing activities or it can be used to communicate with external audiences to raise capital. There are important questions to keep in mind as you design the plan. 1. Is the marketing idea valid? 2. What is unique or distinctive about the product or service that separates it from substitutes and competitors? 3. Does a viable market exist for the product or service? 4. Are the financial......

Words: 1820 - Pages: 8

Premium Essay

Course Project

...Student Project Activity – Week 1   A. Week 1: Section 1.0 Executive Summary     B. TCOs Addressed:   TCO 10: Given a description of a new business, new product, service or project develop, present and defend the budget.                                C. Project Activity Overview – Scenario / Summary:   You have been asked to create a budget proposal for one of these businesses: Papa Geo’s Restaurant, The Cutting Edge Landscaping, or Wireless World Electronics Retail Store. This week you will begin working on the proposal by drafting the Executive Summary. Use the Budget Proposal Template.docx.   D. Deliverables: Save the first paragraph of Section 1.0 Executive Summary Draft as YourName_Project_WK1.docx and upload to the Week 1 Project Dropbox.   E. Project Tasks:   Task 1: | Download the Budget Proposal Template.docx from DocSharing. | Task 2: | Download the Course Project Description.docx. from DocSharing. | Task 3: | Review the three different business scenarios. | Task 4: | Select the business for which you will create a budget proposal. | Task 5: | Draft the first paragraph of the Section 1.0 Executive Summary. | Task 6: | Save the Draft and submit to the dropbox. | F. Grading Criteria | Description | Suggested Points | The business is briefly described in one paragraph. | 3 | The business description is in your own words. | 3 | The business description appears in the Executive Summary......

Words: 2320 - Pages: 10

Premium Essay

Course Project

...Course project part one Development of the Boeing 787 dreamliner Risk analysis paper Devry University Session summer 07/27/2011 PM 595 Class Professor: Yvone Hobbs Zhi yang D03295957 Cell phone: 5109968507 Email address: yangzhi0315@163.com Introduction The Boeing 787 Dreamliner is a long-range, mid-size wide-body, twin-engine jet airliner developed by Boeing Commercial Airplanes. It seats 210 to 330 passengers, depending on the variant. Boeing states that it is the company's most fuel-efficient airliner and the world's first major airliner to use composite materials for most of its construction. So, what actually went wrong with one of the most innovative company in the world? Boeing might have underestimate the supply chain concept for its complex program while attempting to introduce an innovation in the new business model and innovate in product and assembly all at the same time. Supply Chain Problem Historically, like most aerospace companies, Boeing designed all critical airplane subsystems, such as wings and fuselages itself, and contracted and dealt directly with suppliers. The company receives delivery of parts directly from build-to-print suppliers, and assembled and integrated the final product itself. So, beginning with the 787, Boeing decided to transform itself from a vertically integrated enterprise that does most of its own product design, supplier management, manufacturing, and integration into a more virtual enterprise spreading the......

Words: 871 - Pages: 4

Premium Essay

Project Management Course Project

...Running Head: Project Management Profession: Project Management Stephanie Artiles Devry University Instructor: Larissa Williamson Laws420 Abstract The purpose of writing this report is to find out more information about the profession I am interested in. Knowing what makes it a profession, learning about its ethical codes and standards that I will need to abide by soon. And gaining knowledge about some the dilemmas that Project Managers go through to prepare myself for the future; and know what kind of problems to expect. This report will inform me as well as my audience important information about what is needed from project managers and the behavior they will need in order to perform their duties. Also, give them a heads up and prepare them about any problems they may encounter as a project manager that can happen to anybody. Project Management Project Managers are committed to doing what is right and honorable. They set high standards for themselves and aspire to meet these standards in all aspects of our lives whether is at work, at home, and in service to our profession [ (Barry) ]. I believe that this profession you will need education in order to pursue your goals and be a successful project manager. For the reason why, being a project manager is mainly about being an effective leader; which means one must learn how to communicate well with others and must learn how to set achievable goals for which they can envision for themselves, their team and......

Words: 1671 - Pages: 7

Free Essay

Course Project

...Course Project Alana Hooper hooper.alana@gmail.com Keller Business School of Management Dr. Burnell Carden October 18, 2015 HRM 594 Table of Contents Introduction……………………………………………………………………………..p. 3 What is a Realistic Job Preview…………………………………………………………p.3 Methodology used for Research…………………………………………………………p.4 Relevance of Research…………………………………………………………………..p.4 Arguments against the Realistic Job Preview…………………………………………..p. 5 Literature Review Jean Phillips……………………………………………………………………..p. 6 Stephanie Pane Haden………………………………………………………….p. 10 James Breaugh………………………………………………………………….p. 11 David Earnest…………………………………………………………………..p. 11 James Breaugh and Robert Billings……………………………………………p. 13 Paula Popovich and John Wanous……………………………………………..p. 14 John Wanous…………………………………………………………………...p. 16 Results………………………………………………………………………………….p. 17 Conclusion……………………………………………………………………………..p. 18 References……………………………………………………………………………..p. 19 Strategic Staffing Research Project The chosen topic of discussion for this study pertains to the Realistic Job Preview, or RJP, that involves employee selection, performance, and retention. The following study addresses the methodology applied for this research and the value of the contents. The next factor describes situations where the present of a RJP appeared non-existent. The third component suggests recommendations to alleviate this problem in the future. The last portion of this dialog......

Words: 4698 - Pages: 19

Premium Essay

Project 420 Course Project

... Outsourcing and Offshoring Information Technology to India Project 420 Professor Table of Contents 1. Project Description 3 2. Project Sizing 5 3 Stakeholder Analysis 6 4. RBS 7 5. Probability-Impact Matrix 8 6. Risk Register 9 7. Summary Risk Report 11 8. Conclusion 14 9. Reference Page 15 Project Description Outsourcing to India has been a booming industry for the information technology field for over the last 10 years. India is the preferred destination for outsourcers to choose as their location of choice for outsourcing. The India IT and BPO are considered trustworthy that has an increasing role in the global customer business strategy. Because of this type of relationship, the customer service branch for outsourcing has been a new trend for customer help desk, IT systems, and a growing network for businesses. The BPO is one of the fastest growing aspects of the IT department. The purpose of outsourcing to India is to save the company money and time by outsourcing the companies call center/IT department. The priority is for the company to be able to function 24hrs a day 7 days a week. This is a high priority project to be able to ensure the expansion of the company is a success. There are several goals and benefits for American companies that are involved with outsourcing to India. One of our goals is to ensure that our team understands the high priority of this project. We have a few high tolerable risks to include the client/customer risk, financial risk...

Words: 2842 - Pages: 12

Free Essay

Fi504 Project 2

...to that strategy is our Applications Unlimited program, which is our commitment to customer choice through our investment and innovation in our current applications offerings. Our next-generation Oracle Fusion Applications build upon this commitment and are designed to work with and evolve customer investments in their existing applications portfolio. Oracle Lifetime Support helps ensure customers will continue to have a choice in upgrade paths based on their enterprises’ needs. Oracle Fusion Applications Oracle Fusion Applications are a comprehensive suite of modular, next-generation software applications that include enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and enterprise project portfolio management (EPPM). Oracle Fusion Applications are designed using commercially-available technology standards such as Java, BPEL and others, existing best practices and the principles of SOA. With their tailored user experience and embedded analytical capabilities, Oracle Fusion Applications are designed to increase user productivity and allow customers to manage functions across different environments more effectively. Using a SOA approach, Oracle Fusion Applications are engineered to provide customers with more flexibility to innovate and adopt next-generation technologies at their own pace, whether via one module, a product family or an entire suite. Oracle Fusion Applications are engineered to be cloud-ready and thus......

Words: 129673 - Pages: 519

Premium Essay

Fi504-Project

...Beginning Inventory + Inventory Purchases – End Inventory = Cost of Goods Sold 315.5 Inventory at the Ending and Beginning of 2007/2 306 325 Operations Income‐Capital Expenditures‐ Cash Dividends Paid Liabilities for 2007+2008/2 $1.44 $1.42 $30.35 $21.08 Average Market Price Per Share June 31, 2007/Earning Per Share (Basic)A/B $40,429.00 $11,445.00 2,170.00 Beginning Inventory + Inventory Purchases – End Inventory = Cost of Goods Sold 1,302.50 Inventory at the Ending and Beginning of 2007/2 1,127.00 1,478.00 435.00 For Part 1:Use this Excel spreadsheet to compute ratios; show your computations for the six ratios listed under each part. The financial statements used to calculate these ratios are available in Appendix A and Appendix B of your textbook. Part 1 of the project: Microsoft Oracle Interpretation and Comparison between the two companies' ratios (Reading the Appendix of Chapter 13 will help you) Comparing these numbers is not meaningful since the number of shares outstanding differs. Earnings per share As given in the income statement $1.44 $0.83 Tootsie Roll has $3.45 in current assets for every $1 dollar in current liabilities while Hershey only has 88 cents. Tootsie Roll has much greater liquidity based on this ratio. Current ratio Current assets Current liabilities $63,171 $23,754 = 2.66 $12,883 $9,387 = 1.37 Gross Profit Ratio Gross profit Net Sales $40,429 $11,445 = 353.2% $17,796 $2,886 = 616.6% Only product......

Words: 2192 - Pages: 9

Premium Essay

Fi504

...The FI504 Final Exam will be an online open-book, open-notes, open-computer exam with a time limit of three hours and 30 minutes. It will be worth 250 points or 25% of your course grade. The Final Exam is two pages long and will consist of 14 multiple-choice questions worth five points each and six essays worth 30 points. Some of the multiple-choice questions are problem-based. Of the six essays, five of the essays are problem-based since this is an Accounting course. Terminal Course Objectives A, B, C, D, E, F, and G are all addressed on this exam. You should review the following concepts for this exam. For the multiple choice questions worth a total of 70 points, you should know: 1. The characteristics of the corporate form of business. 2. About the term "cash dividend". 3. Which accounts have debit or credit balances. 4. The difference between cash-basis versus accrual-basis of accounting. 5. The meaning and implications of using FIFO, LIFO, and weighted average cost-flow assumptions. 6. How to calculate depreciation using the straight-line method. 7. The journal entry for the issuance of bonds (at par, discount, or premium) and for the issuance of stock (at par or above par). 8. How to determine the market value of a bond. 9. The various adjustments that are made to net income in arriving at net cash flow from operating activities. 10. The different tools of financial statement analysis, and how each tool is used, as well...

Words: 996 - Pages: 4