BYP 13-1 FINANCIAL REPORTING PROBLEM
(a) TOOTSIE ROLL INDUSTRIES, INC.
Trend Analysis of Net Sales and Net Earnings
For the Five Years Ended 2001
Base Period 1997—($ in thousands)
2001 2000 1999 1998 1997
(1) Net sales
Trend $423,496
113% $427,054
114% $396,750
106% $388,659
103% $375,594
100%
(2) Net
earnings
Trend
65,687
108%
75,737
125%
71,310
118%
67,526
111%
60,682
100%
This analysis of Tootsie ...