Question
Download the following financial statements from the SEC 10-k for Hershey for the years 2015, 2014 and 2013: 1. Income Statement 2. Balance Sheet 3.
Download the following financial statements from the SEC 10-k for Hershey for the years 2015, 2014 and 2013:
1. Income Statement
2. Balance Sheet
3. Statement of Cash Flows
4. Prepare the Horizontal and Vertical Analysis for each year
5. Using Table 4-4 (p. 106) from your text compute the first 18 financial ratios, calculate 2 additional ratios from the growth ratio options. link provided for Table 4-4(http://www.cpaclass.com/fsa/ratio-01a.htm)
6. Using APA format, with references, create a narrative describing how the financial statements and ratios inform and will shape strategic choice. Each ratio should be analyzed and its implications for Hershey explained.
Your financial statements should be properly formatted and formulas used for subtotals and totals. The ratio analysis should be linked to the financial statements.
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