Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

16. In 2018, what was the total amount of cash dividends declared on common stock and preferred stock? 17. Did the auditor's report express any

image text in transcribed
image text in transcribed
16. In 2018, what was the total amount of cash dividends declared on common stock and preferred stock? 17. Did the auditor's report express any reservations about the financial statements? Explain. 18. Did the company present a single statement of comprehensive income or two separate statements of income and comprehensive income? What are the numbers? What was other comprehensive income adjustments with net income to arrive at comprehensive income? 19. Did Coca Cola increase total common dividend payment in 2018 relative to the previous two years? If so, by how much? 20. Did the company use direct or indirect method of presenting its statement of cash flows? 21. What was the amount of cash provided by operations? What was the amount of cash used in investing activities of the company? 22. What was the major financing cash flows? 23. How much cash generated from operations (OCF) was utilized in investment and financing activities? 24. Show the reconciliation between net income and its sub-components into accruals and cash flows. What was the trend of these three things that you noticed over the three years 2016, 2017 and 2018? Was the trend healthy? 25. Calculate the free-cash flows, current cash debt coverage and cash debt coverage ratio of the company for the years 2018 and 2017. Comment on the trend of liquidity and solvency of the company based on these ratios

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Robert Kemp, Jeffrey Waybright

5th edition

134727797, 9780134728643 , 978-0134727790

More Books

Students also viewed these Accounting questions

Question

In what ways are national income statistics useful?

Answered: 1 week ago