Sun Trust Banks owns a large block of Coca-Cola Company (Coke) common stock that it has held

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Sun Trust Banks owns a large block of Coca-Cola Company (Coke) common stock that it has held for many years. SunTrust indicates in a note to its financial statements that all equity securities held by the bank, including its investment in Coke stock, are classified as available for sale. A recent annual report of SunTrust reports the following information for its Coke investment (amounts in thousands):
Sun Trust Banks owns a large block of Coca-Cola Company

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Sun Trust Banks owns a large block of Coca-Cola Company
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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