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................... Analyze Hershey The Hershey Company (HSY) is the largest producer of chocolate in...

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Accounting

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Analyze Hershey The Hershey Company (HSY) is the largest producer of chocolate in North America under the Hershey's and Reese's brand names. The following balance sheet information is provided at the end of three recent years in thousands) Year 3 Year 2 Year 1 Current assets: Cash $296,967 $346,529 $374,854 Short-term investments 97,131 Accounts receivable 581,381 599,073 596,940 Inventories 745,678 750,970 801,036 Other current assets 192,752 152,026 377,086 Total current assets $1,816,778 $1,848,598 $2,247,047 Current liabilities: Accounts payable Other current liabilities Total current liabilities Required: $522,536 1,386,907 $1,909,443 $474,266 1,743,646 $2,217,912 $482,017 1,453,630 $1,935,647 a. Compute the working capital for the three years. Negative amounts should be indicated by a minus sign. Year 1: $ Year 2: $ Year 3: $ b. Compute the current ratio for the three years. Round to one decimal place. Year 1: Year 2: Year 3: c. Compute the quick ratio for the three years. Round to one decimal place. Year 1: Year 2: Year 3

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