Locate Tootsie Roll’s annual report at www.tootsie.com. Using the 2010 annual report: Prepare a common-size balance sheet and income statement. Compute the following financial ratios: Profitability...

Locate Tootsie Roll’s annual report at www.tootsie.com. Using the 2010 annual report:
Prepare a common-size balance sheet and income statement.
Compute the following financial ratios:
Profitability
Gross margin percent
Return on sales
Return on assets
Return on equity