Discuss the company’s balance sheet and income statement and identify significant assets, liabilities, equity, revenue, and expense accounts  Coca Cola 2022

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December 31, Current Assets Cash and cash equivalents Short-term investments Total Cash, Cash Equivalents and Short-Term Investments Marketable securities Trade accounts receivable, less allowances of $516 and $516, respectively Inventories Prepaid expenses and other current assets Total Current Assets Equity method investments Other investments Other noncurrent assets Deferred income tax assets Property, plant and equipment-net Trademarks with indefinite lives Goodwill Other intangible assets Total Assets Current Liabilities Accounts payable and accrued expenses Loans and notes payable Current maturities of long-term debt Accrued income taxes Total Current Liabilities Long-term debt Other noncurrent liabilities Deferred income tax liabilities Reinvested earnings Accumulated other comprehensive income (loss) Treasury stock, at cost-2,712 and 2,715 shares, respectively Equity Attributable to Shareowners of The Coca-Cola Company Equity attributable to noncontrolling interests ASSETS The Coca-Cola Company Shareowners' Equity Common stock, $0.25 par value; authorized-11,200 shares; issued -7,040 shares Capital surplus Total Equity Total Liabilities and Equity LIABILITIES AND EQUITY 2022 9,519 S 1,043 10,562 1,069 3,487 4,233 3,240 22,591 18,264 501 6,189 1,746 9,841 14,214 18,782 635 92,763 S 15,749 S 2,373 399 1,203 19,724 36,377 7,922 2,914 1,760 18,822 71,019 (14,895) (52,601) 24,105 1,721 25,826 92,763 S 2021 9,684 1,242 10,926 1,699 3,512 3,414 2,994 22,545 17,598 818 6,731 2,129 9,920 14,465 19,363 785 94,354 14,619 3,307 1,338 686 19,950 38,116 8,607 2,821 1,760 18,1167 69,094 (14,330) (51,641) 22,999 1,861 24,860 94,354 December 31, Current Assets Cash and cash equivalents Short-term investments Total Cash, Cash Equivalents and Short-Term Investments Marketable securities Trade accounts receivable, less allowances of $516 and $516, respectively Inventories Prepaid expenses and other current assets Total Current Assets Equity method investments Other investments Other noncurrent assets Deferred income tax assets Property, plant and equipment-net Trademarks with indefinite lives Goodwill Other intangible assets Total Assets Current Liabilities Accounts payable and accrued expenses Loans and notes payable Current maturities of long-term debt Accrued income taxes Total Current Liabilities Long-term debt Other noncurrent liabilities Deferred income tax liabilities Reinvested earnings Accumulated other comprehensive income (loss) Treasury stock, at cost-2,712 and 2,715 shares, respectively Equity Attributable to Shareowners of The Coca-Cola Company Equity attributable to noncontrolling interests ASSETS The Coca-Cola Company Shareowners' Equity Common stock, $0.25 par value; authorized-11,200 shares; issued -7,040 shares Capital surplus Total Equity Total Liabilities and Equity LIABILITIES AND EQUITY 2022 9,519 S 1,043 10,562 1,069 3,487 4,233 3,240 22,591 18,264 501 6,189 1,746 9,841 14,214 18,782 635 92,763 S 15,749 S 2,373 399 1,203 19,724 36,377 7,922 2,914 1,760 18,822 71,019 (14,895) (52,601) 24,105 1,721 25,826 92,763 S 2021 9,684 1,242 10,926 1,699 3,512 3,414 2,994 22,545 17,598 818 6,731 2,129 9,920 14,465 19,363 785 94,354 14,619 3,307 1,338 686 19,950 38,116 8,607 2,821 1,760 18,1167 69,094 (14,330) (51,641) 22,999 1,861 24,860 94,354

Answer rating: 100% (QA)

SOLUTION Based on the provided information from CocaColas balance sheet and income statement for the year ended December 31 2022 we can identify the following significant accounts Assets Current Asset... View the full answer