Access the February 22, 2019, filing of the December 31, 2018, 10-K report of The Hershey Company
Question:
Access the February 22, 2019, filing of the December 31, 2018, 10-K report of The Hershey Company (ticker: HSY) at SEC.gov and complete the following requirements.
Required
Compute or identify the following profitability ratios of Hershey for its years ending December 31, 2018, and December 31, 2017. Interpret its profitability using the results obtained for these two years.
1. Profit margin ratio (round the percent to one decimal).
2. Gross profit ratio (round the percent to one decimal).
3. Return on total assets (round the percent to one decimal). (Total assets at year-end 2016 were $5,524,333 in thousands.)
4. Return on equity (round the percent to one decimal). (Total shareholders’ equity at year-end 2016 was $827,687 in thousands.)
5. Basic net income per common share (round to the nearest cent).
Step by Step Answer:
Financial Accounting Information For Decisions
ISBN: 9781260705584
10th Edition
Authors: John J. Wild