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Complete the following for the balance sheet of the Hershey Company: 1) Vertical analysis for 2011 and 2) Horizontal analysis comparing 2010 and 2011 CONSOLIDATED

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Complete the following for the balance sheet of the Hershey Company: 1) Vertical analysis for 2011 and 2) Horizontal analysis comparing 2010 and 2011

CONSOLIDATED BALANCE SHEETS 2010 2011 Assets Current assets Cash and cash equivalents 693,686 884,642 399,499 Accounts receivable trade 390.061 Inventories 648.953 533.622 136,861 55,760 Deferred income taxes Prepaid expenses and other 167.559 141.132 Total current assets 2.046.558 2.005.217 1,559,717 1.437.702 Property, plant, and equipment, net 524.134 516,745 Other intangibles 111.913 123.080 21,387 Deferred income taxes 38,544 138.722 161.212 Other assets Total assets $4.412.199 $4.272.732 Liabilities and Stockholders' Equity Current liabilities: Accounts payable 420.017 410.655 Accrued liabilities 612,186 593.308 Accrued income taxes 1.899 9,402 Short-term debt 42.080 24.088 Current portion of longterm debt 97,593 261.392 Total current liabilities 1.173.775 1.298.845 Long term debt 1,748,500 1.541.825 Other long-term liabilities 617,276 494.461 Total liabilities 3.539.551 3.335.131 Stockholders' equity: Common stock, shares issued: 299.269.702 in 2011 299.269 and 299,195,325 in 2010 299.195 Class B Common Stock, shares issued: 60,632,042 in 2011 and 60,706,419 in2010 60.632 60.706 490,817 434.865 Additional paidin-capital Retained earnings 4,374,718 4,699,597 Treasury Common Stock Shares, at cost: 134,695,826 in 2011 and 132.871.512 in 2010 (4,258,962) (4,052,101) Accumulated other comprehensive loss 442,331 215,06 The Hershey Company stockholders' equity 849.022 902,316 Noncontrolling interests in subsidiaries 23.626 35.285 Total stockholders' equity 872,648 937,601 Total liabilities and stockholders' equity 4,412,199 $4,272.732

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