Case Study
It can be proven that the company has been able to grow in their financial abilities over the last few years. The company has been able to retain a clean record of their financial statements that can help them obtain loans and grants in most of financial leading institutions. In the income statement, the company has been able to prove that it is in a position to make profit for the previous four years. On the balance sheet, there has been an equilibrium which has proven that the company is able to use their resources as well as maintain their creditors. The company has also been able to prove that all their assets are use as per the company needs. The company’s cash flow statement is another important document that would help the company to obtain financial assistance from any bank. This document helps the company to understand both the inflow and outflow cash of the company. The net cash flow has been recording an increasing trend over the last four years. It is important to understand that such a trend can help the company to access help from most financial reading organizations. Finally the company also has financial rations. The ratios mainly help to relate the income statement and the balance sheet. Most of the ratios of the company are positive rations. Meaning the relation between the balance sheet and income statement is positive. Most of those ratios have been increasing meaning that the company has been growing.
Conclusion
In this way, it is evidence that the Tootsie Roll Industries, Inc is a company that has proved that coming from down to top is possible. The company has been able to expand their operations in different countries all over the world. The company has been in a track of being one of the best and first growing companies in United States and other parts of the world. Marketing strategy of the company is encouraging and we are sure that the plan can be used to obtain loan from any financial institution. The financial report of the company is clean and well organized thus making it easier for the company to use them to obtain funds from organizations.