The Coca-Cola Company's Consolidated Balance sheet on p. B2 in Appendix B of Financial Accounting, especially its Current Assets, Current Liabilities, and Total Assets for years 2005 and 2004.
• Calculate the following for Coca-Cola and show your work:
o The Current Ratio for 2005
o The Current Ratio for 2004
o Two measures of vertical analysis-for example, compute the current assets divided by total assets for each year, and express your result as a percentage
o Two measures of horizontal analysis-for example, compute the total change in assets by percentage, by dividing current assets in 2005 by current assets in 2004. Compute a similar percentage for current liabilities