Table 8-1 -Refer to Table 8-1. What Were Hershey's Earnings Per Share

question 96

Multiple Choice

Table 8-1

-Refer to Table 8-1. What were Hershey's earnings per share?

• A)$0.61
• B)$1.31
• C)$1.64
• D)$38

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Definitions:

Comparative Balance Sheets

Financial statements that present the assets, liabilities, and shareholders' equity of a company at different points in time for comparison.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since it was put into use.

Equipment

Assets used in the operations of a business that have a longer-term use, such as machinery, office furniture, and computers, which are subject to depreciation over their useful lives.

Free Cash Flow

Cash generated by a company after accounting for operating expenses and capital expenditures, available for investment or distribution.