
Concept explainers
Introduction: A
(a)
To determine what amount is reported in the balance sheets as property, plant, and equipment (net) of Coca-Cola Company (CC) on December 31, 2014, and of P Co. Inc. (PC) on December 31, 2014. What percentage of total assets is invested in property, plant, and equipment by each company?
(b)
To determine what depreciation methods are used by CC and PC for property, plant, and equipment? How much depreciation and amortization was reported by CC and PC in 2014 and in 2013? (Use
(c)
To compute and compare: To compute the following ratios for CC and PC for 2014.
(1) Asset turnover.
(2) Profit margin on sales.
(3) Return on assets.
(d)
To determine what amount was spent in 2014 for capital expenditures by CC and PC?

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Chapter 11 Solutions
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