Using the Hershey's Company years 2018 and 2017 and their annual reports.

A) Describe the depreciation methods used.

B) Compute the percentage of fixed asset cost that has been depreciated. What does this imply about the length of time the assets have been depreciated?

C) Compute the fixed asset turnover ratios for the current and prior years. What does this tell you about the efficiency of the company's asset use?

D) Describe the Kids of intangible assets, if any, that the company reports on the balance sheet.

Annual Income Statement (values in 000's) Period Ending: Net Income Get Quarterly Data Trend 12/31/2018 12/31/2017 12/31/2016 12/31/2015 $1,177,562 $782,981 $720,044 $512,951 Cash Flows-Operatig Activities $295,144 $230,877 5261,853 5301,837 $244.928 Net Income Adjustments Changes in Operating Activities Accounts Receivable $421,855 589,099 5390,080 $8,585 ($12,746) (542,370) (S50.548) $1,599,993 521,096 $13,985 ($26,512) (5180,420) (108,101) (S6,851) (56.881) (571,404) $87,975 ($24,440) 552,049 587,594 Other Operating Activities Net Cash Flow-Operating $1,249,515 $1,013,428 $1,256,311 Capital Expenditures (S328,601) (5257.675) (S289.476) (S358.810) --- (552.641) ($78,598) (S44,255) S64,596 ($1,121,852) $7,60e Other Investing Activities Net Cash Flows-Investing Cash Flows-Financing A Sale and Purchase of Stock(184,177) (5237,024) Net Borrowings Other Financing Net Cash Flows-Financing Effect of Exchange Rate (S281,723) (S185,041) ($1,502,894) (S328,664) ($595,454) (477,255) ctivities (5497,719) ($526,920) $934,806 (S72.000) $116,108 ($5.388) $207,819 (580,472) SO ($843,768) ($464,396) ($797,017) $8,129 $83,212 5568,560 5254,305 (535,762) ($48,270) ,--. (S3,140) ($10,364) Net Cash Flow ($49,562) ($28,325)