Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is it asking in part 4 to calculate the using the outstanding shares method. For Hershey's income statement year 2018 uctions Calculate the financial

image text in transcribed

What is it asking in part 4 to calculate the using the outstanding shares method. For Hershey's income statement year 2018

image text in transcribed

uctions Calculate the financial worth of Hershey based on four approaches: (1) the net worth method, (2) the net income method, (3) the price-earnings ratio method, and (4) the outstanding shares method. Get an average of the four methods. In a dollar amount, how much is Hershey worth? Compare your analyses and conclusions with those of other students. 3:43 Sprint al 77% Search for news or symbols Income Statement All numbers in thousands Breakdown 12/31/2018 Total Revenue 7,791,069 c 3 Cost of Revenue 4,215,744 Gross Profit 3,575,325 Operating Expenses Research Development Selling General and Administr... 19 1,874,829 Total Operating Expenses 9 1,874,829 Operating Income or Loss 1,700,496 Interest Expense 146,858 Total Other Income/Expenses N... 0 -151,598 Income Before Tax 1,410,061 Income Tax Expense 239,010 Income from Continuing Operat... 2 1,171,051 Net Income 1,177,562 Net Income available to commo... 32 1,177,562 Reported EPS Basic 5.76 Diluted 5.58 v Laishtar AAA charac aut

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions