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Hershey's Company Information The Hershey Company is one of the world's leading producers of chocolates, candies, and confections. It sells chocolates and candies, mints and

Hershey's Company Information The Hershey Company is one of the world's leading producers of chocolates, candies, and confections. It sells chocolates and candies, mints and gums, baking ingredients, toppings, and beverages. Hershey's consolidated balance sheets for 2012 and 2013 are listed below. Note: Put your answers to #1 and #4 in the Excel document I provided (upload it in the discussion question). Put your answers to #2,3,5 as a discussion reply/thread (discuss with your classmates). DO NOT put any answers in this Word document and upload. Hershey's Consolidated Balance Sheet Dollar Amounts in Millions 2012 2013

1. Compute the common size for each account for the balance sheet for 2013 (vertical analysis) and the percent change (horizontal analysis) for 2013 for Hershey Company. Refer to the module material "Financial Statement Analysis and Ratios" document for vertical and horizontal analysis. ** REMEMBER TO USE THE EXCEL DOCUMENT TO DO THIS! Common size percent formula from the notes is:(individual balance sheet account divided by total assets the base) x 100 Percent change formula from the notes is : [(current period amount or recent year minus prior period amount or oldest year) divided by prior period amount] x 100 I will give you a hint for calculating the first two: 2012 2013 Common Size Percent Percent Change Cash & Cash Equivalents 728.3 1118.5 20.9% 53.6% Receivables 461.4 477.9 8.9% 3.6% 2. Using the common size percent, which two asset accounts and which two liability accounts are the largest relative to total assets in 2013? Answer as a discussion reply/thread 3. Using the percent change, which two asset accounts and which two liability accounts grew at the fastest rates in 20

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