Coca-Cola Company has the following balances as of December 31, 2023:

• Cash: $8,000,000
• Accounts Receivable: $9,000,000
• Inventory: $6,000,000
• Accounts Payable: $4,000,000
• Accrued Liabilities: $2,300,000
• Common Stock: $20,000,000
• Retained Earnings: $5,500,000

Requirements:

1. Prepare a Balance Sheet for Coca-Cola Company as of December 31, 2023.
2. Calculate the Current Ratio.
3. Determine the Working Capital.
4. Analyze Coca-Cola's liquidity position.
5. Identify any potential issues Coca-Cola might face based on the Balance Sheet.