Review Coke­ Cola’s financial statements and answer the following questions:

1. What is Coke’s percent of current assets to total assets on its December 31, 2008 balance sheet?
2. What is Coke’s percentage of current liabilities to total stockholders’ equity on its December 31, 2008 balance sheet?
3. What is the percentage increase in cash and cash equivalents from 2007 to 2008?
4. What percentage did total assets decreased from 2007 to 2008?
5.  

December 31, In millions except par value) ASSETS THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS CURRENT ASSETS Cash and cash equivalents Marketable securities Trade accounts receivable, less allowances of $51 and $56, respectively Inventories Prepaid expenses and other assets TOTAL CURRENT ASSETS INVESTMENTS Equity method investments: Coca-Cola Hellenic Bottling Company S.A. Coca-Cola FEMSA, S.A.B. de C.V. Coca-Cola Amatil Limited Coca-Cola Enterprises Inc. Other, principally bottling companies and joint ventures Other investments, principally bottling companies TOTAL INVESTMENTS OTHER ASSETS PROPERTY, PLANT AND EQUIPMENT - net TRADEMARKS WITH INDEFINITE LIVES GOODWILL OTHER INTANGIBLE ASSETS TOTAL ASSETS LIABILITIES AND SHAREOWNERS' EQUITY CURRENT LIABILITIES Accounts payable and accrued expenses Loans and notes payable Current maturities of long-term debt Accrued income taxes TOTAL CURRENT LIABILITIES LONG-TERM DERT OTHER LIABILITIES DEFERRED INCOME TAXES SHAREOWNERS' EQUITY Common stock, $0.25 par value; Authorized - 5,600 shares; Issued 3,519 and 3,519 shares, respectively Capital surplus Reinvested earnings Accumulated other comprehensive income (loss) Treasury stock, at cost-1,207 and 1,201 shares, respectively TOTAL SHAREOWNERS' EQUITY TOTAL LIABILITIES AND SHAREOWNERS' EQUITY Refer to Notes to Consolidated Financial Statements. 2008 $ 4,701 278 3,090 2,187 1,920 12,176 1,487 877 63.8 2,314 5,779 1,733 8,326 6,059 4,029 2,417 $ 40,519 $ 6,205 6,066 465 252 12,988 2,781 3,401 877 2007 $ 4,093 215 3,317 2,220 2,260 12,105 1,549 996 806 1,637 2.301 488 7,777 2,675 8,493 5,153 4,256 2,810 $ 43,269 $6,915 5,919 133 258 13,225 3,277 3,133 1,890 880 7,966 38,513 (2,674) (24,213) (23,375) 20,472 21,744 $ 40,519 $ 43,269 880 7,378 36,235 626