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Hello, I need help with a solution for my accounting class chapter 12 #51 please Pad 5:29 PM Introduction To Financial Accounting 11th Edition Textbook
Hello, I need help with a solution for my accounting class chapter 12 #51 please
Pad 5:29 PM Introduction To Financial Accounting 11th Edition Textbook Solutions I Chegg.com www.chegg.com home study business financial acc ounting /solutions manual introduction to financial accounting /11th edition Introduction to Financial Accounting (11th Edition) steps E Chapter 12, Problem 51P Bookmark Problem Exhibit contains the income statements and balance sheets of The Hershey Company for the 33E years ended December 31, 2011, and December 31, 2010. Hershey is a manufacturer of chocolate and sugar confectionery products. The company's principal product groups include chocolate and confectionery products; food and beverage enhancers, such as baking ingredients, toppings, and beverages; and gum and mint refreshment products. 35E EXHIBIT 36E CONSOLIDATED BALANCE SHEETS The Hershey Company 2011 2010 Years Ended December 31. and December 31 37E Current assets: 2010 in thousands, except Cash and cash equivalents 693,686 884,642 per share data) 38E 399,499 Accounts receivable trade 648,963 39E Deferred income taxes 136861 55.760 Prepaid expenses and other 167.559 141.132 Total current assets 2,046,558 2.005.217 Property plant and equipment, net 1,559,717 1.437.702 516,745 524,134 Other intanelles 111.913 Deferred income taxes 38,544 21.387 161.212 Other assets 138,722 Total assets 412.199 43P ockholders' Equty and St Current liabilities: Accounts payable 420,017 410656 Accrued liabilities 612,186 Accrued income taues 9,402 45P Short-term debt 42,080 24,088 Current portion of longterm debt 261 Total current liabilities 1,173,775 1.298.845 1,748,500 1.541.825 Longterm debt Other longterm liabilities 47P Total latines Stockholders' equity: Common stock shares issued: 299.269.702 in 2011 and 299,195,325in 2010 299,269 299,195 49P Class B Common stock, shares issued: 60,632.042 in 2011 and 60,706,419 in 2010 60.632 60,706 Additonal paidHn-capital 490817 434.865 Retained earnings 4, G99,597 4,374,718 Treasury Common stock shares, at cost: 134695,826 in 2011 and 132.871.512 in 2010 (4,052.10 Accumulated other comprehensive loss The Hershey Company stockholders' equity 849,022 902,316 Noncontrolling interests in subsidiates Total stockholders' equity Total liabilities and stockholders' equity 412.199 1. Prepare common-size statements for Hershey for 2011 and 2010 2. Comment on the changes in component percentages from 2011 to 2010 57P Step-by-step solution 93%Step by Step Solution
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