Question
16. On average, how many days does it take for Coke to collect accounts receivable from customers? Estimate this using the days sales outstanding ratio
16. On average, how many days does it take for Coke to collect accounts receivable from customers? Estimate this using the days sales outstanding ratio (i.e., 365 average trade accounts receivable revenues for 2021)
17. How much inventory does Coke have on hand as of fiscal year end (in millions of dollars)?
18. How much in property, plant, and equipment (net of accumulated depreciation) did Coke report on its balance sheet (in millions of dollars)?
19. How much in intangible assets did Coke report (in millions of dollars)? Note: intangible assets are split across three separate lines in the balance sheet.
20. How much money does Coke owe for accounts payable and accrued expenses (in millions of dollars)?
THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In millions except par value) THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In millions except par value)Step by Step Solution
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