Question: Based on the data, Answer questions in the second picture. Thanks alot! begin{tabular}{|lr|} hline Coca-Cola Company 12/31 & 2021 hline Net sales (in millions)



\begin{tabular}{|lr|} \hline Coca-Cola Company 12/31 & 2021 \\ \hline Net sales (in millions) & 38,655 \\ \hline Operating Cost (exc. Depr.) & 27,324 \\ \hline Depreciation expense & 10 \\ \hline Operating Income & 11,321 \\ \hline Interest expense & 1321 \\ \hline Other income & 2425 \\ \hline Earnings before taxes & 12,425 \\ \hline Income taxes & 2,621 \\ \hline Net income & 9,804 \\ \hline \end{tabular} \begin{tabular}{|l|r|r|} \hline Assets: (in Millions) & 2021 & 2020 \\ \hline Cash and marketable securities & $12,625 & $10,914 \\ \hline Accounts receivable & $3,512 & $3,144 \\ \hline Inventories & 3,414 & 3,266 \\ \hline Prepaid expenses & 2,994 & 1,916 \\ \hline Total current assets & $22,545 & $19,240 \\ \hline Net fixed assets & $11,338 & $12,325 \\ \hline Other assets & $60,471 & $55,731 \\ \hline Total assets & $94,354 & $87,296 \\ \hline & & \\ \hline Liabilities: & & \\ \hline Accounts payable & $4,602 & $3,517 \\ \hline Accruals & $8,899 & $6,491 \\ \hline Notes payable & 3,307 & 2,183 \\ \hline Other Current Liabilities & 3,142 & 2.410 \\ \hline Total current liabilities & $19,950 & $14,601 \\ \hline Long-term debt & 38,116 & 40,125 \\ \hline Other liabilities & 13,289 & 13,271 \\ \hline Owner's equity & 22,999 & 19,299 \\ \hline Total liabilities and owner's equity & $94,354 & $87,296 \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Other Data & 2021 \\ \hline Ordinary Shares Outstanding (M) & 4,325 \\ \hline Market Price & $58.75 \\ \hline Tax Rate & 21.10% \\ \hline WACC & 4.5% \\ \hline \end{tabular} Based on Coke's Income Statement and Balance Sheet What is Coke's Net Operating Profit After Tax (NOPAT) or EBIT(1 - T)? QUESTION 25 Based on Coke's Income Statement and Balance Sheet What is Coke's Total Invested Capital (TIC)? QUESTION 26 Based on Coke's Income Statement and Balance Sheet What is Coke's Annual Dollar Cost of Capital? QUESTION 27 Based on Coke's Income Statement and Balance Sheet What is Coke's 2021 EVA
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
