Select a public company, obtain and post the following information from the most

Question

Select a public company, obtain and post the following information from the most current balance sheet in the annual report:

REQUIRED:

a) The name of the company, URL where you found the information and page #s

b) Common Stock: # of shares authorized, # issued and # outstanding

c) par value per share and total $ amount on the balance sheet

d) Does the amount of shares issued multiplied by the par value equal the total dollar amount on the balance sheet?

e) Same as above for preferred Stock (state if none is authorized or issued)

f) Treasury stock: # of shares and $ amount, if any (otherwise state so) g) Retained Earnings amount

(PLEASE ANSWER ALL!! THANKS!!)

Explanation / Answer

a. Name of the company - The Coca Cola Company. URL - http://www.coca-colacompany.com/content/dam/journey/us/en/private/fileassets/pdf/investors/2015-annual-report-on-form-10-k.pdf

This the annual report fro the year 2015.

b. Common stock: number of shares authorized = 11,200 million or 11,200,000,000

Number of shares issued = 7,040 million or 7,040,000,000

Number of shares outstanding = 7,040 million or 7,040,000,000

c. par value per share = $0.25. Total $ amount = $1,760 million or $1,760,000,000

d. Yes, the amount of shares  issued multiplied by the par value equal the total dollar amount on the balance sheet. 7040 million *$0.25 = $1760 million.

e. There is no preferred stock.

f. Treasury stock: number of shares = 2716 million or 2,716,000,000. $ amount = $45,066,000,000

g. Retained earnings = $65,018,000,000

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