Mf2.Question: Do Horizontal analysis for coca cola company to examine critically the performance of the organization for the F.Y.- 2018-19 & 2019-20. . Income Statement of Three years (in thousands)Net salesCost of salesGross profitSelling, delivery and administrative expensesIncome from operation2020201920185007357 4826549 46253643238448 3156047 30696521768909 1670502 15557121455531 1489748 1497810313378 180754579023673545990 505060030853356031005391017024104034225-1328758943156651869182097 18560 -15156960471854774)172493 11375-19930-4051 -1801716937-6642-2993interest expense, netGain on exchange transactionsOther expense, netIncome before taxesIncome tax expenseNet incomeLess: Net income attributable to noncontrolling interestNet income attributable to coca-cola consolidated, Inc.Other comprehensive loss, net of taxComprehensive income (loss) attributable to Coca-Cola Consolidated, Inc. 168442

Accounting statements Accounting statements are the records made by the company at the closing of…

(in thousands) Net sales Cost of sales Gross profit Selling, delivery and administrative expenses Income from operation interest expense, net Gain on exchange transactions Other expense, net Income before taxes Income tax expense 2020 2019 2018 5007357 4826549 4625364 3238448 3156047 3069652 1768909 1670502 1555712 1455531 1489748 1497810 313378 180754 57902 36735 45990 50506 0 0 30853 10170 -13287 1869 35603 100539 241040 34225 58943 15665 182097 18560 9604 7185 172493 11375 -4051 -18017 -6642 Net income Less: Net income attributable to noncontrolling interest Net income attributable to coca-cola consolidated, Inc. Other comprehensive loss, net of tax Comprehensive income (loss) attributable to Coca-Cola Consolidated. Inc. 168442 -15156 4774) -19930 16937 2993

(in thousands) Net sales Cost of sales Gross profit Selling, delivery and administrative expenses Income from operation interest expense, net Gain on exchange transactions Other expense, net Income before taxes Income tax expense 2020 2019 2018 5007357 4826549 4625364 3238448 3156047 3069652 1768909 1670502 1555712 1455531 1489748 1497810 313378 180754 57902 36735 45990 50506 0 0 30853 10170 -13287 1869 35603 100539 241040 34225 58943 15665 182097 18560 9604 7185 172493 11375 -4051 -18017 -6642 Net income Less: Net income attributable to noncontrolling interest Net income attributable to coca-cola consolidated, Inc. Other comprehensive loss, net of tax Comprehensive income (loss) attributable to Coca-Cola Consolidated. Inc. 168442 -15156 4774) -19930 16937 2993

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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