The purpose of this discussion forum is to engage the class by sharing with your

Question

The purpose of this discussion forum is to engage the class by sharing with your peers the knowledge you have learned from this course. Therefore, this forum is structured to be similar to a "mini-research presentation forum." Each student shares with the class in their discussion posting the knowledge they have gained from their research.

For your initial post:

ACG 2021 Chapter 7 Learning Objective 6 - View before completing discussion assignment

Cash Ratio

ACG 2021Chapter 8 Learning Objective 5 - View before completing the discussion assignment

Quick Ratio Receivable Turnover Days Sales Outstanding

Find an annual report for a company of interest (perhaps your employer). Publicly held company annual reports (10K) can be located via Edgar Archives on the Security and Exchange website.

To perform the search in the Edgar Archives you can use either the company name or "ticker symbol" for the company. [View instructions on how to access the annual reports]

Click on the link to "Interactive Data" and then the link to the "Financial Statements". Locate and review the Income Statement and Balance Sheet. Title your post with the name of your company and share the following in your post:

What is the name of your company?

What is the web address that leads to your financial reports?

Why are you interested in this company?

Calculate the cash ratio.

Calculate the acid-test ratio & accounts receivable turnover ratio.

What have you learned from this analysis?

After you have conducted your research, please share with the class approximately 1-2 paragraphs.

Use proper sentence structure and language.

In order to receive full credit you will need to make a Post ("Start a New Thread") and reply to at least two classmates by the Module due date.

Take a look at the Discussion Forum Grading Rubric in order to understand how you will be evaluated.

The goal of this assignment is to share with your peers "real-world" application of knowledge you have learned from this course.

I used Coca Cola

CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions

CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions

Dec. 31, 2017 Dec. 31, 2016 CURRENT ASSETS Cash and cash equivalents $ 6,006 $ 8,555 Short-term investments 9,352 9,595 TOTAL CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS 15,358 18,150 Marketable securities 5,317 4,051 Trade accounts receivable, less allowances of $477 and $466, respectively 3,667 3,856 Inventories 2,655 2,675 Prepaid expenses and other assets 2,000 2,481 Assets held for sale 219 2,797 Assets held for sale - discontinuing operations 7,329 0 TOTAL CURRENT ASSETS 36,545 34,010 EQUITY METHOD INVESTMENTS 20,856 16,260 OTHER INVESTMENTS 1,096 989 OTHER ASSETS 4,560 4,248 PROPERTY, PLANT AND EQUIPMENT - net 8,203 10,635 TRADEMARKS WITH INDEFINITE LIVES 6,729 6,097 BOTTLERS' FRANCHISE RIGHTS WITH INDEFINITE LIVES 138 3,676 GOODWILL 9,401 10,629 OTHER INTANGIBLE ASSETS 368 726 TOTAL ASSETS 87,896 87,270 CURRENT LIABILITIES Accounts payable and accrued expenses 8,748 9,490 Loans and notes payable 13,205 12,498 Current maturities of long-term debt 3,298 3,527 Accrued income taxes 410 307 Liabilities held for sale 37 710 Liabilities Held for Sale, Discontinued Operations 1,496 0 TOTAL CURRENT LIABILITIES 27,194 26,532 LONG-TERM DEBT 31,182 29,684 OTHER LIABILITIES 8,021 4,081 DEFERRED INCOME TAXES 2,522 3,753 THE COCA-COLA COMPANY SHAREOWNERS' EQUITY Common stock, $0.25 par value; Authorized — 11,200 shares; Issued — 7,040 and 7,040 shares, respectively 1,760 1,760 Capital surplus 15,864 14,993 Reinvested earnings 60,430 65,502 Accumulated other comprehensive income (loss) (10,305) (11,205) Treasury stock, at cost — 2,781 and 2,752 shares, respectively (50,677) (47,988) EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY 17,072 23,062 EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS 1,905 158 TOTAL EQUITY 18,977 23,220 TOTAL LIABILITIES AND EQUITY $ 87,896 $ 87,270

Explanation / Answer

1. Name of the company I chose is Coca Cola.

2. https://www.coca-colacompany.com/investors/archives-annual-other-reports

3. It is a global company with many subsidiaries and operations all over the globe.I chose the company because of the learning it can provide covering all the areas of the accounts and financial reporting.

4. for 2017 - 0.76 and for 2016 - 0.84

5. Acid test ratio for 2017 is 0.90 and for 2016 is 0.98. While AR Turnover Ratio for 2017 is 9.66 and for 2016 is 10.86

6. I have learned as to how to apply the learned ratio analysis in the real books of accounts and analyse the status of the company.

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