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book Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta cover

Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Edition 22ISBN: 978-0077862275
book Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta cover

Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Edition 22ISBN: 978-0077862275
Exercise 57
Access the February 21, 2014, filing of the December 31, 2013, 10-K report of The Hershey Company (ticker HSY) at www.SEC.gov and complete the following requirements.
Required
Compute or identify the following profitability ratios of Hershey for its years ending December 31, 2013, and December 31, 2012. Interpret its profitability using the results obtained for these two years.
1. Profit margin ratio (round the percent to one decimal).
2. Gross profit ratio (round the percent to one decimal).
3. Return on total assets (round the percent to one decimal). (Total assets at year-end 2011 were $4,407,094 in thousands.)
4. Return on common stockholders' equity (round the percent to one decimal). (Total shareholders' equity at year-end 2011 was $880,943 in thousands.)
5. Basic net income per common share (round to the nearest cent).
Explanation
Verified
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1.
Profit margin ratio (PMR) is a kind o...

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Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
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