Hershey Foods $796 million in current liabilities is over 227 times greater than Rocky = Mountains $3.5

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Hershey Foods’ $796 million in current liabilities is over 227 times greater than Rocky

= Mountain’s $3.5 million. Can you conclude that Hershey is in a much worse financial situation than Rocky Mountain? Why or why not? What factors should you consider besides the amounts on the balance sheets of the two companies?

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Accounting Information For Business Decisions

ISBN: 9780030224294

1st Edition

Authors: Billie Cunningham, Loren A. Nikolai, John Bazley

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Question Posted: Jul 02, 2024 09:08 AM

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Hershey Foods $796 million in current liabilities is over 227 times greater than Rocky = Mountains $3.5

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Accounting Information For Business Decisions

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