Obtain The Coca-Cola Company's 2010 annual report either using the ''Investor Relations'' portion of its website (do a web search for Coca-Cola investor relations) or go to www.sec.gov and click ''Search for company filings'' under ''Filings and Forms (EDGAR).''
Required:
1. Which depreciation method does Coca-Cola use? Why do you think Coca-Cola selected this method?
2. What is the useful lives of the various classes of Coca-Cola's property, plant, and equipment?
3. What amount did Coca-Cola report as depreciation for 2010, 2009 and 2008? Do these amounts result in an increase to cash?
4. Compute the average useful life and the estimated average age of the property, plant, and equipment.