The following information came from a recent balance sheet of The Coca Cola, Co. End of...

 

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The following information came from a recent balance sheet of The Coca Cola, Co. End of Year Beginning of Year Assets $92.0 billon $90.1 billion Llabilities $61.5 billon ? Owners' Equity ? $33.4 billon a. Determine the amount of total liabilities reported in Coca-Cola's balance sheet at the beginning of the year. b. Determine the amount of total owners' equity reported in Coca-Cola's balance sheet at the end of the year. C. Retained earnings was reported in Coca-Cola's year-end balance sheet at $63.4 billion. If retained earnings was S61.7 billion at the beginning of the year, determine net income for the year if a $5.4 billion dividend was declared during the year. The following information came from a recent balance sheet of The Coca Cola, Co. End of Year Beginning of Year Assets $92.0 billon $90.1 billion Llabilities $61.5 billon ? Owners' Equity ? $33.4 billon a. Determine the amount of total liabilities reported in Coca-Cola's balance sheet at the beginning of the year. b. Determine the amount of total owners' equity reported in Coca-Cola's balance sheet at the end of the year. C. Retained earnings was reported in Coca-Cola's year-end balance sheet at $63.4 billion. If retained earnings was S61.7 billion at the beginning of the year, determine net income for the year if a $5.4 billion dividend was declared during the year.

Answer rating: 100% (QA)

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