UOPACC561 Education Specialist / uopacc561.com UOPACC561 Education Specialist / uopacc561.com | Page 19

include the following: • A ratio analysis of the financial statements for Tootsie Roll Industries Inc., including several types of liquidity, solvency, and profitability ratios and an explanation of each ratio • A justification of the reason the company needs this loan; the purpose might be for expansion, inventory purchases, debt retirement, and so on • An explanation of how the company plans use the proceeds from the loan and of how loan approval might affect the company Cite your sources consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. ------------------------------------------------------------------------------------ ACC 561 Week 3 Team Financial Statement Analysis and Decision Making Activity For more course tutorials visit www.uopacc561.com Week Three Learning Team Purpose of Assignment The activity requires students to perform research and analysis on competing companies and the potential implications of international standards. This real-world analysis is key to understanding how a company's profitability, liquidity, and solvency can be useful for all users. Students also learn to analyze financial statements and use managerial tools to make decisions from an investor's and creditor's standpoint. Assignment Steps Resources: U.S. Securities and Exchange Commission (SEC), websites such as Annual Reports (AnnualReports.com) Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products. Select two competing companies, one of which must be an international company, and locate annual reports for these two companies on the Internet. Research the two companies on the