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THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME Year Ended December 31, 2008 2007 2006 (In millions except per share data) NET OPERATING REVENUES

THE COCA-COLA COMPANY AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
Year Ended December 31, 2008 2007 2006
(In millions except per share data)
NET OPERATING REVENUES $31,944 $ 28,857 $ 24088
Cost of goods sold 11,374 10,406 8,164
GROSS PROFIT 20,570 18,451 15,924
Selling, general and administrative expenses 11,774 10,945 9,431
Other operating charges 350 254 185
OPERATING INCOME 8,446 7,252 6,308
Interest income 333 236 193
Interest expense 438 456 220
Equity income (loss) net (874) 668 102
Other income (loss) net (28) 173 195
INCOME BEFORE INCOME TAXES 7,439 7,873 6,578
Income taxes 1,632 1,892 1,498
NET INCOME $ 5,807 $ 5,981 $ 5,080
BASIC NET INCOME PER SHARE $ 2.51 $ 2.59 $ 2.16
DILUTED NET INCOME PER SHARE $ 2.49 $ 2.57 $ 2.16
AVERAGE SHARES OUTSTANDING 2,315 2,313 2,348
Effect of dilutive securities 21 18 2
AVERAGE SHARES OUTSTANDING ASSUMING DILUTION 2,336 2,331 2,350

Refer to Notes to Consolidated Financial Statements.

Review Coca-Cola's financial statements and answer the following questions:

1. How are Coke's numbers reported (in what denomination)?

For items 2-4, enter the answers as presented (e.g. $24,088 not $24,088,000).

2. What is Coke's net operating revenue for 2008? $

3. What is Coke's cost of goods sold for 2008? $

4. What is Cokes net income 2008? $

5. What is Cokes percent of interest expense to net operating revenue on its 2008 income statement? Rounding your answer to two decimal places. %

6. What is Coke's percent of increase in net operating revenue from 2007 to 2008? Rounding your answer to one decimal place. %

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