Financial Statement Analysis - The Coca-Cola Company

The Coca-Cola Company has reported the following financial data for the fiscal year ended December 31, 2023:

• Total Assets: $70,000 million
• Total Liabilities: $40,000 million
• Net Income: $8,000 million
• Total Revenue: $40,000 million
• Total Expenses: $32,000 million
• Average Shareholders' Equity: $30,000 million

Calculate the following financial ratios for The Coca-Cola Company:

a) Return on Assets (ROA) b) Return on Equity (ROE) c) Debt-to-Equity Ratio d) Gross Profit Margin e) Net Profit Margin

Interpret each ratio and discuss the financial performance of The Coca-Cola Company based on these ratios.