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Q 14.28. Coca-Cola reported the following information (in million dollars); Income Statement 2003 2004 2005 Net Income $4,347 $4,847 $4,872 Balance Sheet Year 2003 2004
Q 14.28. Coca-Cola reported the following information (in million dollars); Income Statement 2003 2004 2005 Net Income $4,347 $4,847 $4,872 Balance Sheet Year 2003 2004 2005 Accounts Receivable Inventories Prepaid Expenses Accounts Payable Loans Payable Current Maturities $2,244 $2,281 $1,420 $1,424 $1,849 $1,778 $4,403 $4,493 $4,531 $4,518 of Long-Term Debt $1,490 $28 Corporate Income Tax, Payable $709 $797 t Coca- Cola's net income to be more cash-oriented, that is, reflec- tive of short-term accruals
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