Obtain The Coca-Cola Companys 2013 annual report either using the Investor Relations portion of its website (do

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Obtain The Coca-Cola Company’s 2013 annual report either using the “Investor Relations" portion of its website (do a web search for Coca-Cola investor relations) or go to www.sec.gov and dick “Search for company filings" under “Filings and Forms (EDGAR).” Answer each of the questions for (a) the company’s pension benefits and (b) the company’s other benefits.
Required:
1. How much arc Coca-Cola’s Pension Benefits expense and Other Benefits expense in 2013?
2. How much arc Coca-Cola’s actual and expected return on plan assets for its Pension Benefits plans for 2013?
3. How much arc Coca-Cola’s Projected Benefit obligation and accumulated benefit obligation at December 31,2013, for its Pension Benefits plans?
4. Is each of Coca-Cola’s Pension Benefits and Other Benefits plans in a net asset or liability' position at December 31,2013?
5. Conceptually, what were the effects of the increase in the discount rate in 2013 on the amounts disclosed by the company (no calculations arc required)?
Discount Rate
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...
Expected Return
The expected return is the profit or loss an investor anticipates on an investment that has known or anticipated rates of return (RoR). It is calculated by multiplying potential outcomes by the chances of them occurring and then totaling these...
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Intermediate Accounting Reporting and Analysis

ISBN: 978-1285453828

2nd edition

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

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