Question

3. Using the attached excerpts from Coca Cola's 2018 Annual Report (financial statements and Note 8: Property, Plant, and Equipment) answer the following questions. In addition: - All numbers are in Smillions (except per share data). - Provide calculations when necessary. a. Long-term Assets i) ii) iii) What is the total value of Coca Cola's long-term assets as of December 31, 2018? What is the net book value (NBV) of Coca Cola's property, plant and equipment as of December 31, 2018? What is the balance of Coca Cola's accumulated depreciation account as of December 31, 2018? b. Shares Issued and Outstanding How many shares of common stock were authorized as of December 31, 2018? How many had been issued as of December 31, 2018? Coca Cola also has repurchased some of its own shares of stock that had been previously issued (i.e. Treasury Stock). How many shares did Coca Cola hold as treasury stock as of December 31, 2018? How many shares of common stock were outstanding as of December 31, 2018? c. Common Stock ii) What is the par value of each share of common stock issued? How much money in excess of the par value of the stock had been contributed by shareholders as of the end of 2018 (hint: this is listed as Capital Surplus on the balance sheet)? d. Equity analysis: What is Coca Cola's Earnings Per Share (Basic) for the fiscal year ended 12/31/2018? What is the Return on Equity (ROE) for Coca Cola for the fiscal year ended 12/31/2018 (HINT: use information for Net Income Attributable to Shareowners of the Coca-Cola Company and average Total Equity Attributable to Shareowners of the Coca-Cola Company for your calculation)?

Answer 1

Long term assets as of december 31, 2018 Total Assets Less: Total Current assets Total Long-term Assets $83,216 ($30,634) $52.582 ii) $8232 is the NBV of coca cola's property, plant and equipment as of December 31, 2018. $8013 is the balance of coca cola's accumulated depreciation account as of December 31, 2018.