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Please find the most recent annual report including the financial statements for Hershey, Inc. Using the information from the financial statements, please calculate the following:
Please find the most recent annual report including the financial statements for Hershey, Inc. Using the information from the financial statements, please calculate the following:
A/R turnover
(IMPORTANT: DATA IS IN ATTACHED PICTURE)
Item 6. SELECTED FINANCIAL DATA 2016 7,440,181 4,270,642 1,891,305 4,204 18,857 90,143 379,437 720,044 A 3.45 3.34 3.15 3.14 FIVE-YEAR CONSOLIDATED FINANCIAL SUMMARY (All dollar and share amounts in thousands except market price and per share statistics) 2020 2019 2018 2017 Summary of Operations Net sales $ 8,149,719 7,986,252 7,791,069 7,515,426 Cost of sales $ 4,448,450 4,363,774 4,215,744 4,060,050 Selling, marketing and administrative $ 1,890,925 1,905,929 1,874,829 1,885,492 Goodwill, long-lived & intangible asset impairment charges $ 9,143 112,485 57,729 208,712 Business realignment costs $ 18,503 8,112 19.103 47,763 Interest expense, net S 149,374 144,125 138,837 98,282 Provision for income taxes $ 219,584 234,032 239,010 354,131 Net income attributable to The Hershey Company $ 1,278,708 1,149,692 1,177,562 782,981 Net income per share: Basic common stock 6.30 5.64 5.76 3.79 Diluted common stock $ 6.11 5.46 5.58 3.66 Basic Class B stock S 5.72 5.12 5.24 3.44 Diluted Class B stock $ 5.71 5.10 5.22 3.44 Weighted-average shares outstanding: -Basic-common stock 147,832 148,841 149,379 151,625 -Basic-Class B stock 60,614 60,614 60,614 60,620 Diluted common stock 209,414 210,702 210,989 213,742 Dividends paid on common stock $ 466,777 445,618 412,491 387,466 Per share S 3.154 2.990 2.756 2.548 Dividends paid on Class B stock $ 173,719 164,627 151,789 140,394 Per share $ 2.866 2.716 2.504 2.316 Depreciation $ 219,021 218,096 231,012 211,592 Amortization $ 75,886 73,448 64,132 50,261 Advertising $ 516,936 513,302 479,908 541,293 Year-End Position and Statistics Capital additions (including software) $ 441,626 318,192 328,601 257,675 Total assets $ 9,131,845 8,140,395 7,703.020 5,553,726 Short-term debt and current portion of long-term debt S 512,870 735,672 1,203,316 859,457 Long-term portion of debt $ 4,089,755 3,530,813 3,254,280 2,061,023 Stockholders' equity $ 2,237,883 1,744,994 1,407,266 931,565 Full-time employees 15,200 14,520 14,930 15,360 Stockholders' Data Outstanding shares of common stock and Class B common stock at year-end 208,227 208,829 209,729 210,861 Market price of common stock at year-end S 152.33 146,98 107.18 113.51 Price range during year (high) $ 160.95 161.40 114,06 115.96 Price range during year (low) $ 111.43 104.30 102.87 153,519 60,620 215,304 369,292 2.402 132,394 2.184 231,735 70,102 521,479 269,476 5,524,333 632,714 2,347,455 827,687 16,300 212,260 103.43 113.89 83.32 89.54Step by Step Solution
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