Coca-Cola Purpose EXERCISE 8B Prepare Projected Financial Statements for Coca-Cola This exercise is designed to give you experience preparing projected financial statements. This analy- sis is a strategic finance and accounting issue because it allows managers to anticipate and evaluate the expected results of various strategy-implementation approaches. Instructions Step 1 Work with a classmate. Develop a projected income statement and balance sheet for Coca- Cola. Use the template if possible. Assume that Coca-Cola needs to raise $1 billion to in- crease its market share, and plans to obtain 50 percent financing from a bank and 50 percent financing from a stock issuance. Make other assumptions as needed, and state them clearly in written form.