Refer to the consolidated statements of income of The Coca-Cola Company in the annual reports booklet. Identify

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Refer to the consolidated statements of income of The Coca-Cola Company in the annual reports booklet. Identify the 1996 net operating revenues; cost of goods sold; gross profit; selling, administrative, and general expenses; and operating income. Do the results of 1996 compare favorably with those of 1995 ? Also calculate the gross profit (margin) percentages and comment.

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Financial Accounting A Business Perspective

ISBN: 9780072289985

7th Edition

Authors: Roger H. Hermanson, James Don Edwards

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