ABM U3IP

1020 WordsJun 17, 20155 Pages
Kimberley S. Lyons American Intercontinental University Unit 3 Individual Project BUSN 125 – Applied Business Mathematics May 17, 2015 Abstract Coca-Cola is the largest principal maker of the soft drink business. Coca-Cola is global servicing over 200 countries based in Atlanta, GA, USA. Producing over 500 brands of cool nonalcoholic beverages. It has been projected that over 1.9 billion beverages are consumed everyday around the globe. Coca-Cola’s combined financial statements are organized with best practices of accounting principles largely recognized in the United States and is calculated grounded on net income credited to shareowners of it. The Financial Statement For Coca-Cola Company The Coca-Cola Company originated in the…show more content…
Every other promotion cost payments, occur annually in the time which the expenses are acquired. The advertising costs incorporated into line item selling, administrative and general expenses, on the consolidated statements of income were $3.5 billion in 2014, $3.3 billion in 2013, and $3.3 billion in 2012. December 31, 2014 production and advertising costs was $228 million and $363 million December 31, 2013. They both were mainly documented on the line item prepaid expenses and other assets on the consolidated balance sheets. Costs for Shipping & Handling Costs associated to movement of completed products from production and manufacturing sites to sales distribution centers are encompassed on the line item cost of goods sold on the consolidated statements of income. The expenses sustained to transfer completed products from the sales distribution centers to consumer sites are encompassed in the line item selling, administrative and general expenses on the consolidated statements of income. Coca-Cola documented shipping and handling costs of $2.7 billion in 2014, $2.7 billion in 2013 and $2.8 billion in 2012, in the line item selling, general and administrative expenses. Per Share, Net Income Simple net income per share is calculated by dividing net income by the weighted average digit of mutual shares unresolved throughout the reporting timeframe. Diluted net income per share is calculated likewise to basic net
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