Balance Sheet and Net Income

Only available on StudyMode
  • Download(s) : 115
  • Published : November 5, 2012
Open Document
Text Preview
Coca-Cola Financial Reporting
Jason Bajaj, Alex Demirjian, Patricia Perez, William "Kyle" Miller ACC 290
September 6th, 2012
Tait Rudd

Coca-Cola Financial Reporting
* What are the company’s total assets at the end of its most recent annual reporting period? Why is this important? * As of December 31, 2011 Coca-Cola possessed $79,974 million in assets. * What are the total assets at the end of the previous annual reporting period? *

* How much cash and cash equivalents did the company have at the end of its most recent annual reporting period? * On December 31, 2011, Coca-Cola had cash and cash equivalents equaling $12,803 million. * What amount of accounts payable did the company have at the end of its most recent annual reporting period? * Accounts payable was $9,009 million ending on December 31, 2011 for Coca-Cola. * What amount of accounts payable did the company have at the end of the previous annual reporting period? * Year ending 2010, Coca-Cola had less in accounts payable of $8,859 million compared to 2011. * What are the company’s net revenues for the last three annual reporting periods? Year ended Dec. 31(In millions)| 2011| 2010| 2009|

Net Operating Revenues| $46,542| $35,119| $30,990|

* What is the change in dollars in the company’s net income from its most recent annual reporting period to the previous annual reporting period? * Based off of Coca-Cola’s consolidated net income from the income statement is shown in the table below. The change in net income from 2010 to 2011 would be a decrease of $3,225 million. Their net income was $11859 in 2010 and $8634 in 2011. Year ended Dec. 31(In millions)| 2011| 2010| 2009|

CONSOLIDATED NET INCOME| $8,634| $11,859| $6,906|
Less: Net income attributable to non-controlling interests| $62| $50| $82| NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY| $8,572| $11,809| $6,824|

* What are...
tracking img