The computation of comprehensive income for 2009 for Coca-Cola is presented in Exhibit 4-11 on pages 4-32-4-33.

Question:

1. Which is greater in 2009-Coca-Cola's net income or comprehensive income?

2. With respect to the currencies in the countries where Coca-Cola has foreign subsidiaries - did those currencies get stronger or weaker, relative to the U.S. dollar, in 2009? Explain.

3. Did Coca-Cola's available-for-sale securities portfolio increase or decrease in value during 2009? Explain.

Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...