Refer to the information for Hershey on pages 4-64 and 4-65.

Required:
Compute the common-size balance sheet for 2010 and the rate of change balance sheet for 2010. Which two asset accounts and which two liabilities and shareholders' equity accounts are the largest relative to total assets in 2010?
Which two asset accounts and which two liability and shareholders' equity accounts grew at the fastest rates in 2010?

Transcribed Image Text:

Hershey: Consolidated Balance Sheets (millions) 2009 2010 Assets Current Assets Cash and Equivalents Accounts Receivable, Trade Inventories Deferred Income Taxes Prepaid Expenses and Other Assets Total Current Assets $ 253.6 410.4 519.7 39.9 161.8 1,385.4 1,404.8 571.6 125.5 187.7 $3,675.0 $ 884.6 390.1 533.6 55.8 141.1 2,005.2 1,437.7 524.1 123.1 182.6 $4,272.7 Property, Plant, and Equipment, net Goodwill and Intangible Assets Other Intangible Assets Deferred Income Taxes and Other Assets Total Assets Liabilities and Shareholders' Equity Current Liabilities Accounts Payable Accrued Liabilities and Taxes Short-Term Debt Current Portion of Long-Term Debt Total Current Liabilities Long-Term Debt Other Long-Tem Liabilities Total Liabilities $ 287.9 583.4 24.1 15.2 910.6 1,502.7 501.4 2,914.7 $ 410.7 602.7 24.1 261.4 1,298.9 1,541.8 494.4 5.1 3 (millions) 2009 2010 Shareholders' Equity Common Stock Additional Paid-In Capital Retained Earnings Treasury Stock Accumulated Other Comprehensive Loss Noncontrolling Interests Total Shareholders' Equity Total Liabilities and Shareholders' Equity 359.9 394.7 4,148.3 (3,979.6) (202.9) 39.9 760.3 $3,675.0 359.9 434.9 4374.7 (4,052.1) (215.1) 35.3 937.6 $4,272.7