Friday, November 18, 2011

Hershey's Financial Statement Comparison

HERSHEY'S COMPANY

1) Hershey's 2010:
Total Revenue: $5,671,009
Total Expenses: $5,161,210
Tax Provision: $299,065
Net Income: $509,799


2) Hershey's Component Percentages: (dividing by net sales)
Total Expenses: $5,161,210 / $5,671,009=91%
Net Income: $509,799 / $5,671,009=9%

3) Compare Hershey's to...Nike: 
Total Revenue: 6,696 (millions)
Total Expenses: 3,364.2 (millions)  
Net Income: 1,906.7 (millions)

Nike's Component Percentages:
Total Expenses: 17%
Net Income: 10%
Total Sales: 19,014
link: http://alexnicolet2011.blogspot.com/


*Nike has a better component percentage than Hershey's. Nike has fewer expenses are a larger net income.


Balance Sheet:
Total Assets: $4,272,732
Total Liabilities: $3,335,131
Total Owner's Equity: $937,601


Based on the information above I would say that the Hershey's Company is financially strong. They have net income and overall more assets than liabilities. After looking at a chart that dates back to 2005, Hershey's has been steadily increasing their numbers over the years-another sign of financial strength.

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