Access the February 23, 2007, filing of the 2006 10-K report of the Hershey Foods Corporation (ticker
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Compute or identify the following profitability ratios of Hershey for its years ending December 31, 2006, and December 31, 2005. Interpret its profitability using the results obtained for these two years.
1. Profit margin ratio.
2. Gross profit ratio.
3. Return on total assets. (Total assets in 2004 were $3,794,750,000.)
4. Return on common stockholders’ equity. (Total shareholders’ equity in 2004 was $1,137,103,000.)
5. Basic earnings per common share.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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