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Presented below are selected financial data from the The Coca-Cola Company 2018 annual report. Using the ratio definitions from Exhibit 4.6, calculate the following liquidity

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Presented below are selected financial data from the The Coca-Cola Company 2018 annual report. Using the ratio definitions from Exhibit 4.6, calculate the following liquidity and solvency ratios: cash and marketable securities to total assets, quick ratio, current ratio, long-term debt to total assets, longterm debt to shareholders' equity, and the interest coverage ratio. Evaluate the company's liquidity and solvency.

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Analyzing Financial Risk Presented below are selected financial data from the The Coca-Cola Company 2018 annual report. Using the ratio definitions from Exhibit 4.6, calculate the following liquidity and solvency ratios: cash and marketable securities to total assets, quick ratio, current ratio, long-term debt to total assets, longterm debt to shareholders' equity, and the interest coverage ratio. Evaluate the company's liquidity and solvency. 2018 2017 (amounts in millions) Balance sheet Cash and cash equivalents Marketable securities 7,038 14,669 Accounts receivable (net) 3,396 3,667 Total current assets 30,634 36,545 83,216 89,896 29,223 27,194 Total assets Current liabilities Current portion of longterm debt 25,404 31,221 a. 19,058 18,977 Longterm debt Shareholders' equity Income statement $919 $841 8,057 6,808 Interest expense Net income before taxes Round all answers to two decimal places. Enter the answers for cash and marketable securities to total assets and long-term debt to total assets as percentages (ex: 0.23456 = 23.46%). 2017 2013 Liquidity Cash and marketable securities to total assets ['36) 0 % 0 % Quick ratio 0 0 Current ratio 0 0 Solvency Long-term debt to total assets ('36) 0 % 0 % Longterm debt to shareholders' equityr 0 0 Interest coverage ratio 0 0

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