Coca-Cola financial statements Essay Example | Topics and Well Written Essays - 500 words

Coca-Cola financial statements - Essay exemplarCoca-Colas largest assets are property, plant and equipment that amount to a net expense of 9,052 million dollars based on the December 2014 yearly financial reports (The Coca-Cola Company, 2015). Their second largest asset is goodwill that amounted to 12,100million dollars as at December 2014. Their total asset worth is 92,023 million dollars. Based on the 2014 financial reports, the companys total liabilities amount to 32,374 million dollars while their total equity amounts to 30561 million dollars (The Coca-Cola Company, 2015). At the residuum of the year, the companys cash and its equivalents amounted to 8,958 million dollars. The companys largest expenses were on purchase of investments and payments of debts. Purchase of investments amounted to 17800 million dollars while payment of debts amounted to 36,962 million dollars. Despite having umteen debts and incurring a lot of money on investments, Coca-Cola realized a gross profi t of 28,109,000 dollars.How the financial statements are linkedThe income statement described how assets and liabilities were apply during the year. The cash flow statement explained how the company got cash and how they spend it, and it gave a figure on the companys cash at hand Example 1 The net income calculated in the income statement ($7,098,000) is used as the first item in the cash flow statements ($7,098,000) (NASDAQ, 2015).Example 2 The maintained earnings of the company amounted to 63,408,000 dollars.