This is the income statements and balance sheet of the hershey company for the years ended december 31st, 2011 and December 31, 2010. 1. Prepare common size statements for Hershey for 2011 and 2010. 2. Comment on the changes in component percentages from 2011 to 2010.

CONSOLIDATED STATEMENT oF oPERATIONS For Years Ended December 31, December 31. 2011 2010 $6,080,788 $5,671,009 Net sales Costs and expenses: 3,255,801 Cost of sales 3,548,896 Selling, marketing, and administrative 1,477,750 1,426,477 86) 83,433 Business realignment and impairment charges, net Total costs and expenses 5,025,760 4,765,711 Income before interest and income taxes 1,055,028 905,298 Interest expense, net 92,183 96,434 Income before income taxes 962,845 808,864 Provision for income taxes 333,883 299,065 Net income 628,962 509,799 Net income per common share-Basic Class B Common stock 2.58 2.08 et income per common share-Diluted-Class B Common stock 2.56 2.07 et income per common share-Basic-common stock 2.85 2.29 t income per common share-Diluted-Common stock 2.74 2.21