Need a discussion question for power point. This is what is currently on powerpoint just missing one slide.
Hershey Income Statement Net income has grown from $8 million to $10.5 million \begin{tabular}{|l|c|c|c|} \hline Net sales (\$1000's) & 2022 & 2021 & 2020 \\ \hline United States & 9,121,166 & 7,807,606 & 7,042,804 \\ \hline Other & 1,298,128 & 1,163,731 & 1,106,915 \\ \hline Total Revenue & 10,419,294 & 8,971,337 & 8,149,719 \\ \hline HR & & & \\ \hline Stock Base Compensation & 65,991 & 66,711 & 57,584 \\ \hline Interest Expense & 137,557 & 127,417 & 149,374 \\ \hline Depreciation and Amort. & 378,959 & 315,002 & 294,907 \\ \hline Other (income) expense, net & 206,200 & 119,100 & 138,300 \\ \hline Selling, Marketing \& Admin. E & 2,236,009 & 2,001,351 & 1,890,925 \\ \hline Income before tax & 1,917,000 & 1,797,200 & 1,498,500 \\ \hline Inc. Tax & 272,300 & 314,400 & 219,600 \\ \hline Net Income & 1,644,817 & 1,477,512 & 1,278,708 \\ \hline \end{tabular} Hershey Income Statement - Common Size Hershey has consistent growth \begin{tabular}{l|r|r|r|} \hline For the years end of December 31, & 2022 & 2021 & \multicolumn{1}{c|}{2020} \\ \hline Net Sales (\$1000's) & $10,419,294 & $8,971,337 & $8,149,719 \\ \hline Cost of Sales & 55% & 55% & 55% \\ \hline Growth Profit & 45% & 45% & 45% \\ \hline Selling, marketing, and administrative expense & 24% & 22% & 23% \\ \hline Long-lived asset impairment charges & 0% & 0% & 0% \\ \hline Business realignment cost & 0% & 0% & 0% \\ \hline Operating Profit & 20% & 23% & 22% \\ \hline Interest Expense, Net & 2% & 1% & 2% \\ \hline Other (income) expense, net & 1% & 1% & 2% \\ \hline Income Before Taxes & 17% & 20% & 18% \\ \hline Provision for income taxes & 3% & 4% & 3% \\ \hline Net Income including noncontrolling-interest & 14% & 17% & 16% \\ \hline Less: Net gain (loss) attributable to noncontrollin & 0% & 0% & 0% \\ \hline Net Income attributable to The Hershey Company & 14% & 16% & 16% \\ \hline \end{tabular} Why did they make more in 2022 and paid less income tax? Hershey Income Statement - Rev \& HR United States makes up 87.5\% of Net sales while 12.5% comes from outside the US. Stock base compensation was a small percentage of revenue. Didn't find much HR expenses \begin{tabular}{|l|c|c|c|} \hline Net sales (\$1000's) & 2022 & 2021 & 2020 \\ \hline United States & 9,121,166 & 7,807,606 & 7,042,804 \\ \hline Other & 1,298,128 & 1,163,731 & 1,106,915 \\ \hline Total Revenue & 10,419,294 & 8,971,337 & 8,149,719 \\ \hline HR & & & \\ \hline Stock Base Compensation & 65,991 & 66,711 & 57,584 \\ \hline Interest Expense & 137,557 & 127,417 & 149,374 \\ \hline Depreciation and Amort. & 378,959 & 315,002 & 294,907 \\ \hline Other (income) expense, net & 206,200 & 119,100 & 138,300 \\ \hline Selling, Marketing \& Admin. E & 2,236,009 & 2,001,351 & 1,890,925 \\ \hline Income before tax & 1,917,000 & 1,797,200 & 1,498,500 \\ \hline Inc. Tax & 272,300 & 314,400 & 219,600 \\ \hline Net Income & 1,644,817 & 1,477,512 & 1,278,708 \\ \hline \end{tabular} Hershey vs Mondelez Click to add text Hershey Income Statement Net income has grown from $8 million to $10.5 million \begin{tabular}{|l|c|c|c|} \hline Net sales (\$1000's) & 2022 & 2021 & 2020 \\ \hline United States & 9,121,166 & 7,807,606 & 7,042,804 \\ \hline Other & 1,298,128 & 1,163,731 & 1,106,915 \\ \hline Total Revenue & 10,419,294 & 8,971,337 & 8,149,719 \\ \hline HR & & & \\ \hline Stock Base Compensation & 65,991 & 66,711 & 57,584 \\ \hline Interest Expense & 137,557 & 127,417 & 149,374 \\ \hline Depreciation and Amort. & 378,959 & 315,002 & 294,907 \\ \hline Other (income) expense, net & 206,200 & 119,100 & 138,300 \\ \hline Selling, Marketing \& Admin. E & 2,236,009 & 2,001,351 & 1,890,925 \\ \hline Income before tax & 1,917,000 & 1,797,200 & 1,498,500 \\ \hline Inc. Tax & 272,300 & 314,400 & 219,600 \\ \hline Net Income & 1,644,817 & 1,477,512 & 1,278,708 \\ \hline \end{tabular} Hershey Income Statement - Common Size Hershey has consistent growth \begin{tabular}{l|r|r|r|} \hline For the years end of December 31, & 2022 & 2021 & \multicolumn{1}{c|}{2020} \\ \hline Net Sales (\$1000's) & $10,419,294 & $8,971,337 & $8,149,719 \\ \hline Cost of Sales & 55% & 55% & 55% \\ \hline Growth Profit & 45% & 45% & 45% \\ \hline Selling, marketing, and administrative expense & 24% & 22% & 23% \\ \hline Long-lived asset impairment charges & 0% & 0% & 0% \\ \hline Business realignment cost & 0% & 0% & 0% \\ \hline Operating Profit & 20% & 23% & 22% \\ \hline Interest Expense, Net & 2% & 1% & 2% \\ \hline Other (income) expense, net & 1% & 1% & 2% \\ \hline Income Before Taxes & 17% & 20% & 18% \\ \hline Provision for income taxes & 3% & 4% & 3% \\ \hline Net Income including noncontrolling-interest & 14% & 17% & 16% \\ \hline Less: Net gain (loss) attributable to noncontrollin & 0% & 0% & 0% \\ \hline Net Income attributable to The Hershey Company & 14% & 16% & 16% \\ \hline \end{tabular} Why did they make more in 2022 and paid less income tax? Hershey Income Statement - Rev \& HR United States makes up 87.5\% of Net sales while 12.5% comes from outside the US. Stock base compensation was a small percentage of revenue. Didn't find much HR expenses \begin{tabular}{|l|c|c|c|} \hline Net sales (\$1000's) & 2022 & 2021 & 2020 \\ \hline United States & 9,121,166 & 7,807,606 & 7,042,804 \\ \hline Other & 1,298,128 & 1,163,731 & 1,106,915 \\ \hline Total Revenue & 10,419,294 & 8,971,337 & 8,149,719 \\ \hline HR & & & \\ \hline Stock Base Compensation & 65,991 & 66,711 & 57,584 \\ \hline Interest Expense & 137,557 & 127,417 & 149,374 \\ \hline Depreciation and Amort. & 378,959 & 315,002 & 294,907 \\ \hline Other (income) expense, net & 206,200 & 119,100 & 138,300 \\ \hline Selling, Marketing \& Admin. E & 2,236,009 & 2,001,351 & 1,890,925 \\ \hline Income before tax & 1,917,000 & 1,797,200 & 1,498,500 \\ \hline Inc. Tax & 272,300 & 314,400 & 219,600 \\ \hline Net Income & 1,644,817 & 1,477,512 & 1,278,708 \\ \hline \end{tabular} Hershey vs Mondelez Click to add text
