Problem Consolidated Balance Sheets December 31, Year 8 Coca-Cola Coca-Cola ($ millions) Company (KO) Enterprises (CCE) Assets Current assets Cash and cash equivalents $1,231 Trade accounts receivable 627 294 Inventories. 779 125 Other current assets 608 69 Total current assets 3,245 488 Other investments Investments in affiliates. 1,912 Other 478 66 Total other investments 2,390 66 Fixed assets Land 117 135 Plant and equipment 2,500 1,561 Other 293 42 Total fixed assets 2,910 1,738 Less: accumulated depreciation (1.150) (558) Total foxed assets, net 1,760 1,180 Goodwill 56 2,935 Total assets $7,451 $4,669 $ 148 402 Liabilities & shareholders' equity Current liabilities Short-term debt Accounts payable Other current liabilities Total current liabilities Long-term debt Deferred income taxes Other long-term liabilities $1,363 1,081 425 2,869 761 270 550 2,062 222 27 206 1,75 558) Selected Financial Ratios For Year 8 Return on assets Total debt ratio Net profit margin Receivables turnover Property, plant & equipment tumover Return on common equity.. Current ratio Inventory tumover. Long-term debt to equity. Gross profit margin Acid-test ratio Asset turnover Times interest earned Coca-Cola Company (KO) 0.16 0.55 0.13 .13.30 4.74 0.34 1.13 4.75 0.23 0.56 0.65 1.12 7.85 Coca-Cola Enterprises (CCE) 0.06 0.61 0.04 13.18 3.28 0.09 0.89 18.14 1.14 0.41 0.53 0.83 2.27 *For simplicity, ratios are computed using year-end data rather than on Year 8 werage data when applicable