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. What were the total current liabilities at the end of 2010? What was the largest current liability?
2. What did accounts payable and accrued expenses consist of at the end of 2010?
3. What were the total loans and notes payable and what did they consist of at the end of 2010? What was the total of the lines of credit (and other short-term credit facilities) that were available to the company at the end of 2010? How much is outstanding? Why do you think the company disclosed the lines-of credit information?
4. How much was the company contingently liable for in regard to the guarantees of indebtedness owed by third parties at the end of 2010? What does this mean? How likely is it that the company will have to satisfy these guarantees?