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SHOW ALL STEPS AND WORK PLEASE Analyzing Financial Risk. Present below are summary financial data from the THE COCA-COLA COMPANY 2015 annual report. Using the
SHOW ALL STEPS AND WORK PLEASE
Analyzing Financial Risk. Present below are summary financial data from the THE COCA-COLA COMPANY 2015 annual report. Using the ratio definitions from Exhibit 4.6, calculate the following liquidity and solvency rations: cash and marketable securities to tatal assets, quick ratio, current ratio, long-term debt to total assets, long-term debt to shareholder's' equity, and the interest coverage ratio. Evaluate the comapny's liquidity and solvency.
E4.18 Aalyzing Financial Risk. Presented below are summary financial data from the The Coca-Cola Company 2015 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, long- term debt to shareholders' equity, and the interest coverage ratio. Evaluate the company's liquidity and solvency. TA 1 (amounts in millions) 2015 2014 Balance sheet 4,269 $18,010 3,665 Cash and cash equivalents Accounts receivable (net). Total assets $15,631 . . 4,466 32,986 92,023 3,941 . 32,374 3,552 Current liabilities.... 26,930 2,677 19,063 4030,561 Income statement Interest expense Net income before taxes . $ 856 9,605 $ 483 9,325
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