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PLEASE HELP ME ON THIS AND PLEASE SHOW ALL CALCULATIONS!!! Thank you! Hershey's is a familiar name in snacks. There's a good chance you have
PLEASE HELP ME ON THIS AND PLEASE SHOW ALL CALCULATIONS!!! Thank you!
Hershey's is a familiar name in snacks. There's a good chance you have recently enjoyed one of its products. The company manufactures confectionery products in a variety of packaged forms and markets them under more than 50 brands. Among the principal confectionery products in the United States are Hershey's chocolates, Hershey's Kisses chocolates, Kit Kat, Mr. Goodbar chocolate bars, Reese's peanut butter cups, Almond Joy candy bars, Good & Plenty candy, Mounds candy bars, Payday candy bars, and 5 th Avenue candy bars THE HERSHEY COMPANY Consolidated Statements of Income (in thousands of dollars except per share amounts) For the Years Ended December 31 2008 2007 2006 5,132,768 4,946,716 4,944,230 Net Sales Costs and Expenses 3,375,050 3,076,718 Cost of sales 3,315,147 1,073,019 860,378 895,874 Selling, marketing, and administrative Business realignment and impairment charges, net 94,801 276,868 14,576 4,542,870 4,487,889 3,951,672 Total costs and expenses 458,827 Income before Interest and Income Taxes 589,898 992, 558 116,056 nterest expense, net 97,876 118,585 340,242 492,022 876,502 Income before Income Taxes 126,088 Provision for income taxes 180,617 317,441 311,405 214,154 559,061 Net Income Net Income Per Share-Basic-Class B CommonStock 1.27 87 2.19 Net Income Per Share-Diluted-Class B Common Stock 1.27 87 2.17 Net Income Per Share-Basic-Common Stock 1.41 96 2.44 Net Income Per Share-Diluted-Common Stock 1.36 93 2.34 Cash Dividends Paid per Share: Common Stock 1.1900 1.1350 1.030 Class B Common Stock 1.0712 1.0206 925Step by Step Solution
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