Fundamentals of Advanced Accounting
Fundamentals of Advanced Accounting
6th Edition
ISBN: 9780077862237
Author: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
Publisher: McGraw-Hill Education
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Chapter 1, Problem 3DYS

Access The Coca-Cola Company’s SEC 10-K filing at www.coca-cola.com and address the following:

  1. 1. What companies does Coca-Cola describe as significant equity method investments? How do these investments help Coca-Cola?
  2. 2. What criteria does Coca-Cola use in choosing to apply the equity method for these investments?
  3. 3. How does Coca-Cola describe its application of the equity method?
  4. 4. What amount of equity income did Coca-Cola report?
  5. 5. Coca-Cola discloses the fair values of its publicly traded bottlers accounted for as equity method investments. List the book values and fair values for these equity method investments that have publically traded data. Discuss the relevance of each of these two values.
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