The financial statements of The Hershey Company are presented in Appendix B, following the financial statements for

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The financial statements of The Hershey Company are presented in Appendix B, following the financial statements for Tootsie Roll in Appendix A.
Instructions
Answer the following questions for each company.
(a) What is the balance in cash and cash equivalents at December 31, 2009?
(b) What percentage of total assets does cash represent for each company over the last two years? Has it changed significantly for either company?
(c) How much cash was provided by operating activities during 2009?
(d) Comment on your findings in parts (a) through (c).

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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