Question
Please carefully read the Financial Statements and accompanying notes of the Coca Cola Company for 2017 and answer the following questions related to the income
Please carefully read the Financial Statements and accompanying notes of the Coca Cola Company for 2017 and answer the following questions related to the income statement, comprehensive income statement
(1)Write an equation (using the actual numbers on the income statement) that shows how operating income is computed by the Coca Cola Co.
(2)What item(s) are included as part of other income/gain/expense/loss by Coca cola?
(3)What does the net income attributable to non-controlling interests represent?
(4)How was the basic net income per share of $0.29 for 2017, computed?
(5)What are the two major components of comprehensive income and what is the amount (in dollars) of each component for 2017?
(6)Did Coca cola use the one statement or the two statement approach of reporting the components of comprehensive income?
(7)What items of other comprehensive income did Coca Cola report?
(8)Give three examples of income statement related accounting policy disclosures by Coca-Cola.
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