The financial statements of The Hershey Company are presented in Appendix B, following the financial statements for

Question:

The financial statements of The Hershey Company are presented in Appendix B, following the financial statements for Tootsie Roll in Appendix A.

Instructions Answer the following questions for each company.

(a) What is the balance in cash and cash equivalents at December 31, 2009?

(b) What percentage of total assets does cash represent for each company over the last two years?

Has it changed significantly for either company?

(c) How much cash was provided by operating activities during 2009?

(d) Comment on your findings in parts

(a) through (c).

RESEARCH CASE

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Accounting Tools For Business Decision Making

ISBN: 9780470534786

4th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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