Question
Access a recent copy of Coca-Cola Company's SEC 10-K filing at www.coca-cola.com and address the following. 1. What companies does Coca-Cola describe as significant equity
Access a recent copy of Coca-Cola Company's SEC 10-K filing at www.coca-cola.com and address the following.
1. What companies does Coca-Cola describe as significant equity investments? How do these companies help Coca-Cola?
2. What criteria does Coca-Cola use in choosing to apply the equity method for these investments?
3. How does Coca-Cola describe its application of the equity method?
4. What amount of equity income did Coca-Cola report?
5. Coca-Cola discloses the fair value of its publicly traded bottlers accounted for as equity investments. List the carrying amounts and fair values for these equity investments that have publicly traded data. Discuss the relevance of each of these two values.
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