Question
Coca-Cola's financial data for the fiscal year ending December 31, 2023, is summarized below: Income Statement: Revenue: $900,000 Cost of Goods Sold: $630,000 Operating Expenses:
Coca-Cola's financial data for the fiscal year ending December 31, 2023, is summarized below:
Income Statement:
Revenue: $900,000
Cost of Goods Sold: $630,000
Operating Expenses: $210,000
Taxes: $20,000
Net Profit: $40,000
Balance Sheet:
Cash: $100,000
Accounts Receivable: $130,000
Inventory: $170,000
Property, Plant, and Equipment: $320,000
Current Liabilities: $160,000
Non-current Liabilities: $190,000
Shareholders’ Equity: $370,000
Calculate the current ratio.
Find the return on equity (ROE).
Determine the net profit margin.
Compute the inventory turnover ratio.
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