Required: Answer the following questions based on your examination of the Coca Cola Company 2019 10-K...

 

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Required: Answer the following questions based on your examination of the Coca Cola Company 2019 10-K (pdf file is on D2L). Answers should be input on a D2L. This project should be completed on an individual basis. For each item, note on your own records, the page number where you found it. 1. What assets and liabilities does Coca-Cola adjust to fair value? a. All financial instruments b. All financial assets c. Investments in equity securities and debt securities classified as trading or available-for-sale, derivative financial instruments, and certain long-term debt resulting from their fair value hedging strategy (35) d. Intangible assets with definite lives 2. What is the dollar value of 12/31/19 asset fair value measurements using the Level 1 fair value hierarchy? Level 2? Level 3? a. $4,098MM, 5,948MM, and 121MM, respectively b. $1,683MM, 5,517MM, and 25MM, respectively c. $384MM, 6,413MM, and 513MM, respectively d. $1,886 MM, 4,089MM, and 51MM, respectively 3. What types of risks Coca-Cola states it tries to mitigate through the use of derivatives? a. foreign currency exchange rate risk b. commodity price risk c. interest rate risk d. All the above 4. What is the total asset dollar amount of derivative instruments designated as hedging instruments that Coca-Cola included in its 12/31/19 balance sheet? a. $245MM b. $36MM c. $109MM d. $552MM Required: Answer the following questions based on your examination of the Coca Cola Company 2019 10-K (pdf file is on D2L). Answers should be input on a D2L. This project should be completed on an individual basis. For each item, note on your own records, the page number where you found it. 1. What assets and liabilities does Coca-Cola adjust to fair value? a. All financial instruments b. All financial assets c. Investments in equity securities and debt securities classified as trading or available-for-sale, derivative financial instruments, and certain long-term debt resulting from their fair value hedging strategy (35) d. Intangible assets with definite lives 2. What is the dollar value of 12/31/19 asset fair value measurements using the Level 1 fair value hierarchy? Level 2? Level 3? a. $4,098MM, 5,948MM, and 121MM, respectively b. $1,683MM, 5,517MM, and 25MM, respectively c. $384MM, 6,413MM, and 513MM, respectively d. $1,886 MM, 4,089MM, and 51MM, respectively 3. What types of risks Coca-Cola states it tries to mitigate through the use of derivatives? a. foreign currency exchange rate risk b. commodity price risk c. interest rate risk d. All the above 4. What is the total asset dollar amount of derivative instruments designated as hedging instruments that Coca-Cola included in its 12/31/19 balance sheet? a. $245MM b. $36MM c. $109MM d. $552MM

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