Coca dumbbell is multinational companionship, and it was first invested in 1886 in Atlanta Georgia, by Doctor John Pemberton a pharmacist from Atlanta, coca gage is one of the largest number one maker of soft drinks, whereas it sells 1.3 one thousand million swallows per day, it makes and offers four out of five top soft drinks in the world, coca cola is number one, whereas it offers nearly 400 beverage products in more than 200 countries around the world, 70% of its revenues comes from abroad, particularly outside north America.
In financial statement the friendship has postgraduateer revenue comparing the last two age as follows.
2010 2011
Revenue in ($ Bill) ……………. 35.14 46.77
Net income after tax …………….. 11.81 8.
57
The percentage change of revenues between these above years increase by 33% that indicates the position of the company to have high revenue in terms of sales of the products whereas net income after all deductions of expenses decreased by 37%. This causes by a huge change of cost of well-behaveds sold incurred that is higher than 43% of 2010.
The companys current asset size has been development so it is a good sign of financial strength where as current liability also changes in a little bit in 2011, as we want to receive the short term obligations of quick ratio we have to scale down whether current asset minus inventory which easily convertible into cash can cover with current liability of the company and it is as follows:
Current ratio of 2011: (current asset/ current liability) = 25.5/24.28= 1.05
the traditionalistic way or thinking is that the higher the ratio the good the company and better off, if current ratio is greater than 2:1 for current ratio or 1:1 for quick ratio is good and safe to the company...If you want to push back a full essay, order it on our website: Ordercustompaper.com
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