https://investor.cokeconsolidated.com/static-files/17a2c075-a417-4e33-9c69-4dbd18f557b7

With the given link above based on the information given on the link - please answer the following questions sequentially relating to the 2022 annual financial statements of Coca Cola Company . Read three portions of the annual report carefully to answer the following questions: Four financial statements, management discussion and analysis section and notes to the consolidated financial statements. 1. Calculate gross profit margin and net profit margin for 2021 and 2022 and comment on the change in the company's profitability. 2. Locate the note about the company's marketing program and summarize it. 3. Discuss the details about the net income per share (including the calculation part) as discussed by the company in the notes of the financial statements. 4. What is the company's accounting policy for goodwill as discussed in the notes to the financial statements? 5. What are the company's policies regarding the amortization of intangible assets? 6. Describe the company's policy on depreciation of property plant and equipment

To understand the impact of different transactions on the Net Property, Plant, and Equipment (PPE net) account, we must first clarify the concept of debits and credits. In accounting, debits and credits are used to record the changes in account balances. A debit increases an asset account or decreases a liability or equity account, while a credit does the opposite. Now let's analyze each of the transactions mentioned: Explanation: 1. Purchase of property, plant, and equipment: When a company purchases property, plant, and equipment, it increases the PPE account, which is an asset account. Therefore, a debit is made to the PPE account to increase the balance. This transaction does not cause a credit to the Net PPE account.2. Depreciation expense: Depreciation expense is an allocation of the cost of PPE over its useful life. The depreciation expense is recorded as a debit in the Depreciation Expense account and a credit in the Accumulated Depreciation account, which is a contra-asset account. Accumulated Depreciation reduces the carrying value of PPE on the balance sheet. However, this transaction does not directly credit the Net PPE account. 3. Sale of property, plant, and equipment: When a company sells property, plant, and equipment, it reduces the PPE account. Therefore, a credit is made to the PPE account to decrease the balance. This transaction causes a credit to the Net PPE account