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LO3 46. Expanded DuPont Identity Hershey Co. reported the following income statement and balance sheet (in millions) for 2017. Construct the expanded DuPont identity similar
LO3 46. Expanded DuPont Identity Hershey Co. reported the following income statement and balance sheet (in millions) for 2017. Construct the expanded DuPont identity similar to @ Figure 3.1. What is the company's return on equity? Income Statement Sales $7,515.426 COGS 4,065.760 SG&A 1,896.643 Other costs 344.043 EBIT $1,208.980 Interest 98.282 EBT $1,110.698 Taxes 354.131 Net income $ 756.567 Page 93 Balance Sheet Assets Liabilities & Equity Current assets Current liabilities $2,076.543 Cash $ 380.179 Accounts receivable 588.262 Long-term debt $2,545.618 Inventory 1,033.469 Total $2,001.910 Shareholders' equity $ 931.565 Fixed assets $3,551.816 Total assets $5,553.726 Total liabilities and shareholders' equity $5,553.726 Source: Hershey Co
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