Web Chapter 1 Day 2-3 - Accounting in Business Chapter 1...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
Accounting in Business Accounting in Business Chapter 1 Chapter 1 NOTE: Focus on pages 17-20 NOTE: Focus on pages 17-20
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Financial Statements Financial Statements Annual Report  (Form 10-K) Balance Sheet Income Statement Statement of Owner’s Equity Statement of Cash Flows
Background image of page 2
for years ended December 31, 2007 2006 2005 Net Sales (or Net Revenue) $4,946,716 $4,944,230 $4,819,827 Costs and Expenses Cost of Sales (or Cost of Goods Sold) 3,315,147 3,076,718 2,956,682 Selling, marketing and admin. expenses 895,874 860,378 912,986 Other expenses 276,868 14,576 96,537 Interest expense 118,585 116,056 87,985 Tax expense 126,088 317,441 277,090 Net Income $214,154 $559,061 $488,547 The Hershey Company Consolidated Statements of Income in thousands of dollars
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
at December 31, 2007 2006 Assets Cash and cash equivalents $129,198 $97,141 Accounts receivable 487,285 522,673 Inventory 600,185 648,820 Property, Plant and Equipment 1,539,715 1,651,300 Other assets 1,490,730 1,237,631 Total Assets $4,247,113 $4,157,565 Liabilities and Stockholders' Equity Accounts payable $223,019 $155,517 Other short-term debt 1,395,751 1,298,021
Background image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 10

Web Chapter 1 Day 2-3 - Accounting in Business Chapter 1...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online