Step 1: Calculate the financial worth of Coca-Cola based on four approaches:

(1) the net worth method

(2) the net income method

(3) the price-earnings ration method

(4) the outstanding shares method.

Step 2: Get an average of the four methods. In a dollar amount, how much is Coca-Cola worth?

\begin{tabular}{|c|c|c|} \hline Balance Sheet & 12/31/16 & 12/31/17 \\ \hline \multicolumn{3}{|l|}{ Assets } \\ \hline Cash and Short Term Investments & $18,150 & $15,358 \\ \hline Accounts Receivable & 3,856 & 3,667 \\ \hline Inventory & 2,675 & 2,655 \\ \hline Other Current Assets & 9,329 & 14,865 \\ \hline Total Current Assets & 34,010 & 36,545 \\ \hline Property Plant \& Equipment & 10,635 & 8,203 \\ \hline Goodwill & 10,629 & 9,401 \\ \hline Intangibles & 726 & 368 \\ \hline Other Long-Term Assets & 31,270 & 33.379 \\ \hline Total Assets & 87,270 & 87,896 \\ \hline \multicolumn{3}{|l|}{ Liabilities } \\ \hline Accounts Payable & 9,490 & 8,748 \\ \hline Other Current Liabilities & 17,042 & 18,446 \\ \hline Total Current Liabilities & 26,532 & 27,194 \\ \hline Long-Term Debt & 29,684 & 31,182 \\ \hline Other Long-Term Liabilities & 7,834 & 10,543 \\ \hline Total Liabilities & 64,050 & 68,919 \\ \hline \multicolumn{3}{|l|}{ Equity } \\ \hline Common Stock & 1,760 & 1,760 \\ \hline Retained Earnings & 65,502 & 60,430 \\ \hline Treasury Stock & (47,988) & (50,677) \\ \hline Paid in Capital \& Other & 3,946 & 7,464 \\ \hline Total Equity & 23,220 & 18,977 \\ \hline Total Liabilities and Equity & 87,270 & 87,896 \\ \hline \end{tabular} \begin{tabular}{lrr} \hline Income Statement & 12/31/16 & 12/31/17 \\ \hline Revenues & $41,863 & $35,410 \\ Cost of Goods Sold & 16,465 & 13,256 \\ Gross Profit & 25,398 & 22,154 \\ Operating Expenses & 16,772 & 14,653 \\ EBIT & 8,626 & 7,501 \\ Interest Expense & 490 & 759 \\ EBT & 8,136 & 6,742 \\ Tax & 1,586 & 5,560 \\ Non-Recurring Events & (23) & 66 \\ Net Income & 6,527 & 1,248 \end{tabular}