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using the Tootsie Roll recent Annual Report from http://www.annualreports.com/HostedData/AnnualReports/PDF/NYSE_TR_2017.pdf answer the following questions...

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Accounting

using the Tootsie Roll recent Annual Report from

http://www.annualreports.com/HostedData/AnnualReports/PDF/NYSE_TR_2017.pdf

answer the following questions

Consider each expense on Tootsie Rolls income statement. Is this expense mostly fixed, or mostly variable? What assumptions did you make in determining whether the expense was mostly fixed or variable?

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