The financial statements of The Hershey Company and Tootsie Roll are presented below. Assume Hershey’ s average number of shares outstanding was 220,688,000, and Tootsie Roll’ s was 57,892,000.
For each company calculate the following values for 2011.( Hint: When calculating free cash flow, do not consider business acquisitions to be part of capital expenditures.)( Round all ratios to 1 decimal places, e. g. 15.2:1 or 15.2 %, earnings per share to 2 decimal places, e. g. 15.21 and all other answers to thousands. Enter negative amounts using either a negative sign preceding the number e. g.-45 or parentheses e. g.( 45).)
( 1) Working capital.( 2) Current ratio.( 3) Debt to assets ratio.( 4) Free cash flow.( 5) Earnings per share.
Question 6 The financial statements of The Hershey Company and Tootsie Roll are presented below.
Based on the information contained in these financial statements, determine the normal balance for:
Question 7
The following information is available for Cole Bowling Alley at December 31, 2014.
Prepare a classified statement of financial position; assume that $ 13,900 of the notes payable will be paid in 2015.( List Property, plant and equipment in order of land, buildings and equipment. List current assets in reverse order of liquidity.)