Below you will find selected information (in millions) fromCoca-Cola Co.âs 2012 Annual Report.
Income Taxes Payable
$471
Short-term Investments and Marketable Securities
8,109
Cash
8,442
Other non-current Liabilities
10,449
Common Stock
1,760
Receivables
4,812
Other Current Assets
2,973
Long-term Investments
10,448
Other Non-current Assets
3,585
Property, Plant and Equipment
23,486
Trademarks
6,527
Other Intangible Assets
20,810
Allowance for Doubtful Accounts
53
Accumulated Depreciation
9,010
Accounts Payable
8,680
Short Term Notes Payable
17,874
Prepaid Expenses
2,781
Other Current Liabilities
796
Long-Term Liabilities
14,736
Paid-in-Capital in Excess of Par Value
11,379
Retained Earnings
55,038
Inventories
3,264
Treasury Stock
35,009
Other information taken from the Annual Report.
Sales Revenue for 2012
$48,017
Cost of Goods Sold for 2012
19,053
Net Income for 2012
9,019
Inventory Balance on 12/31/11
3,092
Net Accounts Receivable Balance on 12/31/11
4,920
Total Assets on 12/31/11
79,974
Equity Balance on 12/31/11
31,921
Required: 1: Using the information provided prepare a BalanceSheet. Separate the current assets from non-current assets andprovide a total for each. Also, separate the current liabilitiesfrom the non-current liabilities and provide a total foreach.
2: Using the Balance Sheet from your answer above, calculate theCurrent Ratio and Return on common stockholdersâ equity.
Below you will find selected information (in millions) fromCoca-Cola Co.âs 2012 Annual Report.
Income Taxes Payable | $471 |
Short-term Investments and Marketable Securities | 8,109 |
Cash | 8,442 |
Other non-current Liabilities | 10,449 |
Common Stock | 1,760 |
Receivables | 4,812 |
Other Current Assets | 2,973 |
Long-term Investments | 10,448 |
Other Non-current Assets | 3,585 |
Property, Plant and Equipment | 23,486 |
Trademarks | 6,527 |
Other Intangible Assets | 20,810 |
Allowance for Doubtful Accounts | 53 |
Accumulated Depreciation | 9,010 |
Accounts Payable | 8,680 |
Short Term Notes Payable | 17,874 |
Prepaid Expenses | 2,781 |
Other Current Liabilities | 796 |
Long-Term Liabilities | 14,736 |
Paid-in-Capital in Excess of Par Value | 11,379 |
Retained Earnings | 55,038 |
Inventories | 3,264 |
Treasury Stock | 35,009 |
Other information taken from the Annual Report.
Sales Revenue for 2012 | $48,017 |
Cost of Goods Sold for 2012 | 19,053 |
Net Income for 2012 | 9,019 |
Inventory Balance on 12/31/11 | 3,092 |
Net Accounts Receivable Balance on 12/31/11 | 4,920 |
Total Assets on 12/31/11 | 79,974 |
Equity Balance on 12/31/11 | 31,921 |
Required: 1: Using the information provided prepare a BalanceSheet. Separate the current assets from non-current assets andprovide a total for each. Also, separate the current liabilitiesfrom the non-current liabilities and provide a total foreach.
2: Using the Balance Sheet from your answer above, calculate theCurrent Ratio and Return on common stockholdersâ equity.