Using the Hershey's Company:

1. A) Calculate the receivables turnover ratio for the current and prior year, and explain any change between the two years. (To obtain the beginning accounts receivable number for the prior year, you will need the prior year's annual report.)

B) Look in the 10-K for the Schedule II analysis of "Valuation and Qualifying accounts," which provides additional disclosures concerning the allowance for Doubtful Accounts. From the schedule, determine the level of Bad Debt Expense, as a percentage of sales, for the current and prior years.

Use the 2017 and 2018 10-k or annual report for Hershey's Company