MAD $10-3$ Analyze Hershey

Obj. $7$

The Hershey Company $($HSY$)$ is the largest producer of chocolate in North America under the Hershey's and Reese's brand names. The following balance sheet information is provided at the end of three recent years $($in thousands$)$:

Current liabilities:

Accounts payable.

Other current liabilities

Total current liabilities

a$.$ Compute the working capital for the three years.

b$.$ Compute the current ratio for the three years. Round to one decimal place.

c$.$ Compute the quick ratio for the three years. Round to one decimal place.

d$.$ Interpret the short$-$term liquidity for the three years from $($c$).$

e$.$ Are the other two measures in $($a$)$ and $($b$)$ consistent with your analysis in $($d$)?$