accounting

 

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I have to create a Balance Sheet with the below information for an assignment due in a few hours.

Below you will find selected information (in millions) from Coca-Cola Co.’s 2012 Annual Report:

  

Income Taxes Payable

 

$471

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Short-term Investments and Marketable Securities 

 

8,109

 

Cash

 

8,442

 

Other non-current Liabilities

 

10,449

 

Common Stock

 

1,760

 

Receivables

 

4,812

 

Other Current Assets

 

2,973

 

Long-term Investments

 

10,448

 

Other Non-current Assets

 

3,585

 

Property, Plant and Equipment

 

23,486

 

Trademarks

 

6,527

 

Other Intangible Assets

 

20,810

 

Allowance for Doubtful Accounts

 

53 

Accumulated Depreciation

 

9,010

 

Accounts Payable

 

8,680

 

Short Term Notes Payable

 

17,874

 

Prepaid Expenses

 

2,781

 

Other Current Liabilities

 

796

 

Long-Term Liabilities 

 

14,736

 

Paid-in-Capital in Excess of Par Value

 

11,379

 

Retained Earnings

 

55,038

 

Inventories

 

3,264

 

Treasury Stock 

 

35,009

 

       

Other information taken from the Annual Report:

       

Sales Revenue for 2012

 

$48,017

 

Cost of Goods Sold for 2012

 

 19,053

 

Net Income for 2012

 

  9,019

 

Inventory Balance on 12/31/11

 

  3,092

 

Net Accounts Receivable Balance on 12/31/11

 

  4,920

 

Total Assets on 12/31/11

 

 79,974

 

Equity Balance on 12/31/11

 

 31,921

 

 

Required: 1. Using the information provided prepare a Balance Sheet. Separate the current assets from non-current assets and provide a total for each. Also separate the current liabilities from the non-current liabilities and provide a total for each. 2. Using the Balance Sheet from your answer above calculate; Current Ratio, Days in Inventory, Average Collection Period, Return on Assets Ratio, Debt to Total Assets and Return on common stockholders’ equity ratio. (Make sure to show all your work)

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