lPreparing Common-Size Income Statements and Balance Sheets Following are summarized 2020 and 2019 income statements and balance sheets for The Coca-Cola Company. Required Prepare common-size income statements and balance sheets for Coca-Cola. Comment on any noteworthy relationships that Note: Enter the percent rounded to one digit after the decimal; for example, enter 8.4 for 8.44%, or 8.5 for 8.45%. THE COCA-COLA COMPANY AND SUBSIDIARIES Consolidated Statements of income ($ millions) Year Ended December 31 Net operating revenues Cost of goods sold Gross profit Selling, general, and administrative expenses Other operating charges Operating income Interest income Interest expense Equity income (loss)-net Other income (loss)-net Income before taxes Income taxes Consolidated net income THE COCA-COLA COMPANY AND SUBSIDIARIES Consolidated Balance Sheets ($ millions) December 31 Assets Current assets Cash and cash equivalents Short-term investments 2020 2019 $32,684 $36,893 13,299 14.473 19,385 22,420 9,634 844 11,982 453 9,985 8,907 366 557 1,423 937 1,039 968 833 9,651 34 10,678 1,783 1,961 $7,690 $8,895 2020 2019 $6,727 $6,416 1,753 1,452 2325 3.196 2020 100% 40.7% 59.3 % 48.3 % 87.6% (76.6)% 0% 0% 096 0% (76.6) %6 0% (76.6) % 2020 0% 0% 0% 2019 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 2019 0% 0% 0% you observe. h

Preparing Common-Size income Statements and Balance Sheets Following are summarized 2020 and 2019 income statements and balance sheets for The Coca-Cola Cornpany. Required Prepare common-size income statements and balance sheets for Coca-Cola. Comment on any noteworthy relationships that you cbserve Note: Enter the percent rounded to one digit after the decimat for example, enter 8.4 for 8.44%, or 8.5 for 8.45% Observations: Operating income as a percentage of sales Financing using debt (vs. equity) The most significant change in proportion to total assets on balance sheet related to which account: Please answer all parts of the