Question
Analyzing Coca-Colas Long-Term Debt Disclosures Obtain The Coca-Cola Companys 2017 annual report either using the Investor Relations portion of its web site (do a Web
Analyzing Coca-Colas Long-Term Debt Disclosures
Obtain The Coca-Cola Companys 2017 annual report either using the Investor Relations portion of its web site (do a Web search for Coca-Cola investor relations) or go to http://www.sec.gov and click Search for company filings under Filings and Forms (EDGAR).
Required:
1. What was the difference between the interest expense and interest paid in 2017?
2. How much long-term debt will mature each year from 2018 through 2022? Which note provided this information?
3. What was the weighted average interest rate on the companys long-term debt for the year ended December 31, 2017?
4. Was the current yield at December 31, 2017, on the companys long-term debt the same as, greater than, or less than the average yield at issuance? At December 31, 2016?
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