Refer to the financial statements and related notes of The Coca-Cola Company in Appendix A of this book.

Required
1. How many shares of preferred stock were authorized and issued at the end of 2004?
2. How many shares of common stock were authorized and issued at the end of 2004? What is the par value per share?
3. What does the company call its additional paid-in capital? What was the amount at the end of 2004?
4. How many shares of treasury stock did the company hold at the end of 2004? What was the average cost per share?
5. How many shares of treasury stock did the company reacquire during 2004? What was the average cost per share?
6. Briefly describe the company’s 2002 Stock Option Plan. What was the weighted-average fair value of the stock options the company granted in 2004? How much was the company’s total stock-based compensation expense for 2004 and where was it reported? How many stock options were granted and exercised during 2004, and how many were outstanding at the end of 2004? At what weighted-average price per share were the options exercised in 2004? Assuming the stock options were exercised in 2004 at the weighted-average price per share and that the average market price per share was $46, by how much did the officers “gain” from exercising the options?