Coca-Cola Financial statement analysis: cash, cash equivalents and receivables (Due on 03/12/20) Please carefully read the Financial Statements and accompanying notes of the Coca Cola Company for 2017and answer the following questions related to cash, cash equivalents and receivables. (1) What was the $value of cash and cash equivalents for 2017 and 2016? (2) What items were included under cash and cash equivalents (Hint: look in the summary of major accounting policies in the disclosure section)? (3) What was the $value of gross trade receivables for 2017 and 2016? (4) What was the receivables turnover for 2017? (5) Compute the changes in cash, cash equivalents and receivables from 2016 to 2017. Do you think Coca Cola's condition in these assets had improved or worsened? Please explain why you think it had improved or worsened. (6) What was the valuation basis that Coca Cola used to report trade accounts receivable (See Disclosure)? (7) What factors did Coca Cola consider in the estimation of bad debts expenses (See Disclosure)? (8) What was the Svalue of trade receivables written off in 2017 and 2016 (See Disclosure) Coca-Cola Financial statement analysis: cash, cash equivalents and receivables (Due on 03/12/20) Please carefully read the Financial Statements and accompanying notes of the Coca Cola Company for 2017and answer the following questions related to cash, cash equivalents and receivables. (1) What was the $value of cash and cash equivalents for 2017 and 2016? (2) What items were included under cash and cash equivalents (Hint: look in the summary of major accounting policies in the disclosure section)? (3) What was the $value of gross trade receivables for 2017 and 2016? (4) What was the receivables turnover for 2017? (5) Compute the changes in cash, cash equivalents and receivables from 2016 to 2017. Do you think Coca Cola's condition in these assets had improved or worsened? Please explain why you think it had improved or worsened. (6) What was the valuation basis that Coca Cola used to report trade accounts receivable (See Disclosure)? (7) What factors did Coca Cola consider in the estimation of bad debts expenses (See Disclosure)? (8) What was the Svalue of trade receivables written off in 2017 and 2016 (See Disclosure)