Somment on the changes in component percentages from 2011 to 2010. 12-52 Liquidity Ratios Exhibit 12-17 contains the income statements and balance sheets of The Hershey Company, manufacturer of such well-known products as Hershey's chocolate bars, Reese's peanut butter cups, Almond Joy candy bars, and York peppermint patties. 1. Prepare COilliIUIl-SIZE SlallCITICISIOI CISlley TUI HUL 1 All LUIU. 1. Compute the following ratios for 2011: (a) current, (b) average collection period, and (C) inventory turnover. Assume all sales are on credit. 2. Assess Hersheys liquidity compared with the following averages for the food processing industry as provided by Reuters and with ratios computed for Tootsie Roll, a competitor in the candy manufacturing, marketing, sales, and distribution industry. Reuters provides the following overview of the food processing industry. The industry consists of companies engaged in processing and packaging produce, meats, fish, animal feeds, fruit juices and dairy