Ner operatung assets iNoWi 20201 2019.5 2 Calculate NOPAT for 2020 : Nopat of \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{THECOCA-COLACOMPANYANDSUBSIDConsolidatedBalanceSheets(5millions)} \\ \hline December 31 & 2020 & 2019 \\ \hline \multicolumn{3}{|l|}{ Assets } \\ \hline \multicolumn{3}{|l|}{ Current assets } \\ \hline Cash and cash equivalents & $7,066 & $6,739 \\ \hline Short-term investments & 1,842 & 1,526 \\ \hline Marketable securities & 2,442 & 3,357 \\ \hline Trade accounts recelvable, net & 3,270 & 4,130 \\ \hline Inventories & 3,397 & 3,514 \\ \hline Prepaid expenses and other assets & 1,993 & 1,961 \\ \hline Total current assets & 20,010 & 21,227 \\ \hline Equity method investments & 20,044 & 19,786 \\ \hline Other investments & 844 & 888 \\ \hline Other assets & 6,431 & 6,318 \\ \hline Deferred income tax assets & 2,558 & 2,508 \\ \hline Property, plant, and equipment, net & 11,208 & 11,272 \\ \hline Trademarks with indefinite lives & 10,811 & 9.637 \\ \hline Goodwill & 18,206 & 17,435 \\ \hline Other intangible assets & 675 & 765 \\ \hline Total assets & $90,787 & $89,836 \\ \hline \multicolumn{3}{|l|}{ Liabilities and equity } \\ \hline \multicolumn{3}{|l|}{ Current liabilities } \\ \hline Accounts payable and accrued expenses & $11,591 & $11,764 \\ \hline Loans and notes payable & 2.270 & 11,434 \\ \hline Current maturities of long-term debt & 504 & 4,423 \\ \hline Accrued income taxes & 820 & 431 \\ \hline Total current liabilities & 15,185 & 28,052 \\ \hline Long-term debt & 41,730 & 28,617 \\ \hline Other liabilities & 9,831 & 8,850 \\ \hline Deferred income tax liabilities & 1,906 & 2,375 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline & & \\ \hline Short-term investments & 1,842 & 1,526 \\ \hline Marketable securities & 2,442 & 3,357 \\ \hline Trade accounts receivable, net & 3,270 & 4,130 \\ \hline Inventories & 3,397 & 3,514 \\ \hline Prepaid expenses and other assets & 1,993 & 1,961 \\ \hline Total current assets & 20,010 & 21,227 \\ \hline Equity method investments & 20,044 & 19,786 \\ \hline Other investments & 844 & 888 \\ \hline Other assets & 6,431 & 6,318 \\ \hline Deferred income tax assets & 2,558 & 2,508 \\ \hline Property, plant, and equipment, net & 11,208 & 11,272 \\ \hline Trademarks with indefinite lives & 10,811 & 9,637 \\ \hline Goodwill & 18,206 & 17,435 \\ \hline Other intangible assets & 675 & 765 \\ \hline Total assets & $90,787 & $89,836 \\ \hline \multicolumn{3}{|l|}{ Liabilities and equity } \\ \hline \multicolumn{3}{|l|}{ Current liabilities } \\ \hline Accounts payable and accrued expenses & $11,591 & $11,764 \\ \hline Loans and notes payable & 2,270 & 11,434 \\ \hline Current maturities of long-term debt & 504 & 4,423 \\ \hline Accrued income taxes & 820 & 431 \\ \hline Total current liabilities & 15,185 & 28,052 \\ \hline Long-term debt & 41,730 & 28,617 \\ \hline Other liabilities & 9,831 & 8,850 \\ \hline Deferred income tax liabilities & 1,906 & 2,375 \\ \hline Total liabilities & 68,652 & 67,894 \\ \hline Total equity & 22,135 & 21,942 \\ \hline Total liabilities and equity & $90,787 & $89,836 \\ \hline \end{tabular} Following are summarized 2020 and 2019 income statements and balance sheets for The Coca-Cola Company. \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{THECOCA-COLACOMPANYANDSUBSIDIARIESConsolidatedStatementsofIncome(5millions)} \\ \hline Year Ended December 31 & 2020 & 2019 \\ \hline Net operating revenues & $34,335 & $38,757 \\ \hline Cost of goods sold & 13,970 & 15,204 \\ \hline Gross profit & 20,365 & 23,553 \\ \hline Selling. general, and administrative expenses & 10,120 & 12,587 \\ \hline Other operating charges & 887 & 476 \\ \hline Operating income & 9,358 & 10,490 \\ \hline Interest income & 385 & 586 \\ \hline Interest expense & 1,494 & 984 \\ \hline Equity income (loss)-net & 1,017 & 1,091 \\ \hline Other income (loss) - net & 875 & 35 \\ \hline Income before taxes & 10,141 & 11,218 \\ \hline Income taxes & 2,060 & 1,873 \\ \hline Consolidated net income & $8,081 & $9,345 \\ \hline \end{tabular} Required 1. For 2019 and 2020, calculate operating assets, operating liabilities, and net operating assets. Operating assets: 2020: $ 2019: \$
