Question: from the following information write a 3 sentence summary on coc colas book value and a 3 sentence summary on market value:From the balance sheet
from the following information write a 3 sentence summary on coc colas book value and a 3 sentence summary on market value:From the balance sheet of Coca-Cola., the total equity is $26,518 million as of September 27, 2024 or $26.52 billion. This represents the value of the company's assets minus its liabilities. The market value of equity is calculated by multiplying the number of shares outstanding by the current share price. Using YahooFinance, the market price per share of Coca-Cola on November 15, 2024 is $61.74. The number of shares outstanding is 7,040 million (7.04 billion), as put in the balance sheet and thus the Market Value of Equity = $61.74 per share 7,040 million shares = $434.2 billion
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