Seminar -Ch-8. Entity Accounting Analysis - Microsoft Word (Product Activation Failed) X File Home Insert Page Layout References Mailings Review View bonop AypaH & Cut Find Copy Times New Ron - 12 - A" A" Aa 43) =. . F. = = 21 1 AaBbCcI AaBbCc] AaBbCcDc AaBbCcDC|AaBbcci Aa B| AaBbCcl AaBbCcDa AaBbCcDa AaBbCcDa AA Paste Mac Replace Format Painter BI U ~ abe X2 X' A LA . B= = $. &. Body Text Heading 1 1 No Spacing 1 Normal Heading 2 Title Subtitle Subtle Emp.. Emphasis s Intense Emp. Change Styles Select Clipboard Font Paragraph Styles Editing 2 . 1 . 1 . 1 . . 1 . 1 . I . 2 . 1 . 3 . 1 . 4 . . 1 . 5 . 1 . 6 . 1 . 7 . 1 . 8 . 1 . 9 . 1 . 10 . 1 11 . 1 12 . 1 . 13 . 1 14 . 1 15 . 1 16 . 1 . Row 1 of 2 Format titles, quotes, and other text using this gallery of styles. Coca-Cola, the world's largest soft drink bottler, owns 42 percent of the Coca-cola business. Coca- Cola has provided the following additional information in its financial statements. Coca-Cola has reduced its net assets and fixed assets in a straight-line manner over a period of 40 years. As at 31 December 1998, this depreciation was estimated at approximately $ 442 in the financial statements. Coca-Cola's financial information is as follows. \\ million USD \\ 1998 1997 current assets 2,285 1,813 Non-current Assets 18,847 15,674 Total assets 21,132 17,487 short-term liabilities 3,397 3,032 non-current liabilities 15,297 18,694 12,673 total liabilities 15,705 Shareholders equity 2,438 1,782 company investment 584 184 Total liabilities and 21,132 17,487 shareholders equity total income 13,414 11,278 Cost of sales 8,391 7,096 total profit 5,02. 4,182 operating profit 869 720 net profit 142 171 earnings from common stock 141 169 the company's own profit 51 59 Coca-Cola's net concentrate / syrup sales in 1998 were $ 3.1 billion. In 1998, it made a purchase of $ 252 million. Coca-Cola's equity method shows the impact of the 1998 financial statements. How to monitor Coca-Cola? Is the equity method the best way to record this investment? . 16 . 19 . 1 . 18 . 1 . 17 . Page: 3 of 3 |Words: 429 English (U.S.) 1 6 3 100% - Type here to search W Pa O - @ S A ENG 21:56 13/11/2020