PRACTICE QUESTION 1 PT.1: From Coca-Cola’s 10k you have the following information. Prepare a common size balance sheet. SHOW YOUR WORK! Balance Sheet 2019 2018 2019 2018 (in millions) Common Common Size % ? Size %? Long term debt 27,516 28,782 _______ _______ Other liabilities 37,787 35,376 _______ _______ Total Liabilities 65,283 64,158 _______ _______ Total Equity 21,098 19,058 _______ _______ |
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PRACTICE QUESTION 1 PT. 2: Prom the following information, extracted the following from Coca Cola’s 10-K, prepare an indexed comparison of the years. SHOW YOUR WORK!
(In millions)
Year Ended December 31, 2019 2018 2017 2016 2015
Net operating revenues 37,266 34,300 36,212 41,863 44,294
Index number _____ _____ _____ _____ _____
Answer
1
Common size | ||||
Particulars | 2019 | 2018 | 2019 | 2018 |
Long term debt | $ 27,516 | $ 28,782 | 31.9% | 34.6% |
Other liabilities | $ 37,787 | $ 35,376 | 43.7% | 42.5% |
Total liabilities | $ 65,283 | $ 64,158 | 75.6% | 77.1% |
Total equity | $ 21,098 | $ 19,058 | 24.4% | 22.9% |
Total liabilities and equity | $ 86,381 | $ 83,216 | 100.0% | 100.0% |
Long term debt
2019=27,516/86,831=31.95
2018=28,782/83,216=34.6%
Other liabilities
2019=37,787/86,831
2018=35376/83216
Total liabilities
2019=65283/86381
2018=64158/83216
Total equity
2019=21,098/86381
2018=19,058/83,216
Same formula is used for others.
2
Index number 100 is assumed to be appointed to 2015 Revenue
Index number for 2016=Base index number*2016 Revenue/2015 Revenue
=100*41,863/44,294
Index number for 2016=94.51
Index number for 2017=Base index number*Revenue 2017/Revenue 2015
=100*36,212/44,294
Index number for 2017=81.75
Index number for 2018=Base index number*Revenue 2018/Revenue 2015
=100*34,300/44,294
Index number for 2018=77.44
Index number for 2019=Base index number*Revenue 2019/Revenue 2015
=100*37,266/44,294
Index number for 2019=84.13
PRACTICE QUESTION 1 PT.1: From Coca-Cola’s 10k you have the following information. Prepare a common size...
Prom the following information, extracted the following from Coca Cola's 10-K, prepare an indexed comparison of the years. (In millions) Year Ended December 31, 2019 2018 2017 2016 2015 Net operating revenues 37,266 34,300 36,212 41,863 44,294 Index number
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