In this activity, you will consider the long$-$term assets in a company. Long$-$term assets are used to help generate revenue in a business,

therefore it is imperative companies consider the benefits of assets when determining their financial importance. As you consider the useful

life of an asset, you want to decide the depreciation method used to calculate the ratios.

This activity will help you analyze long$-$term assets and understand depreciation methods, which will support you in Milestone Three and

your project.

Directions

Choose a company from the List of Publicly Traded Companies document in the Supporting Materials section. From the EDGAR website,

navigate to the heading "Selected Filings" and click on $"10-$K $($annual reports$)$ and $10-$Q $($quarterly reports$)."$ Choose the most recent annual

report. Use the consolidated financial statements located throughout the report. Calculate the ratios and complete a report you would

present to your manager, including a ratio analysis.

Specifically, you must address the following rubric criteria:

Summarize the long$-$term assets from the financial statements for your chosen company. Consider the following in your response:

A$.$ Depreciable fixed assets

B$.$ Asset class

Calculate the financial ratios from the financial statements for your chosen company. Include the following in your response:

A$.$ Fixed asset turnover ratio

B$.$ Asset turnover ratio

Analyze the depreciation methods being used for your chosen company. Include the following in your response:

A$.$ Company industry

B$.$ Asset class

C$.$ Rationale for specific method

Use Coca$-$Cola Inc. as the company.