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Preparing 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

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Preparing 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 ary noteworthy relationships that you observe. 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 Censolidated Datance theets \begin{tabular}{|c|c|c|c|c|} \hline \begin{tabular}{l} (S millions) \\ Desember 31 \end{tabular} & 2020 & 2019 & 2020 & 2019 \\ \hline \multicolumn{5}{|l|}{ Asses: } \\ \hline \multicolumn{5}{|l|}{ Current ztsets } \\ \hline Cayt and casti equivalents: & $6,789 & $6,446 & 0% & ok \\ \hline Short-term invesuments & 1.769 & 1.460 & os & os \\ \hline Maticetable securiels & 2,346 & 3.212 & 0 & 06 \\ \hline Trade accounts receivable, net & 4,141 & 4.951 & os & os \\ \hline Inventaries & 3.263 & 3.362 & 04 & 0% \\ \hline Prepalt expenses and other artets. & 1.914 & 1.877 & 05 & os \\ \hline Total curtent assets & 20,222 & 21,308 & 04 & 0% \\ \hline Equity method investments & 19,254 & 18.930 & os & 0% \\ \hline Other imvestments & 811 & 850 & 0% & 0s \\ \hline Other assets & 6.178 & 6.045 & 0% & 0 \\ \hline Deferred income tax aswets & 2.458 & 2400 & 0% & os \\ \hline Property, plant and equipment, net: & 10,766 & 10,784 & or & os \\ \hline Trademaiks with indefinite lives & 10.355 & 9.220 & os & os \\ \hline Goodwill. & 17,438 & 16.680 & 0% & 0s \\ \hline Other intangole assets: & 648 & 732 & os: & os \\ \hline Total arrets & 580.210 & 586,949 & 0% & 0 \\ \hline \multicolumn{5}{|l|}{ Liabilities and equity } \\ \hline \multicolumn{5}{|l|}{ Current liabilide: } \\ \hline Accounts peyabie and accrued expenses & 11,134 & 11,255 & os: & 0% \\ \hline Loans and notes payable & 2181 & 10,939 & os & os: \\ \hline Curreot maturities of long-term dest & ABS & 4.232 & 0% & Ox: \\ \hline Acrued income taves & 287 & 412 & 0% & 0% \\ \hline Totalcurrent lisbilities & 14.547 & 26894 & 0% & 0% \\ \hline Longtarm debs: & 0,035 & 27.378 & os & ow \\ \hline Other labilises: & 9,444 & 8.467 & 0% & os \\ \hline Deternd income tar liabilities & 1,831 & 2.273 & 0% & 0% \\ \hline Tocal faboites & 65,947 & 64,956 & 0% & 0 \% \\ \hline Toutequity & 22.261 & 21,993 & 0% & an \\ \hline Toecl labilitat and equity. & 500,210 & 126,949 & 05 & os \\ \hline \end{tabular}

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