Question

The following information is from KO Corporation’s notes to financial statements: PROPERTY, PLANT AND EQUIPMENT December...

The following information is from KO Corporation’s notes to financial statements:

PROPERTY, PLANT AND EQUIPMENT

December 31,

2017

2016

2015

Land

334

589

717

Buildings and improvements

3,917

4,574

4,914

Machinery, equipment and vehicle fleet

12,198

16,093

16,723

16,449

21,256

22,354

Less accumulated depreciation

8,246

10,621

9,783

Property, plant and equipment--net

8,203

10,635

12,571

12 Months Ended

Dec. 31, 2017

Dec. 31, 2016

Dec. 31, 2015

Depreciation

1,260

1,787

1,970

Compute the following analytical measures applied to KO Corporation.

2017

2016

2015

Average total life span of plant and equipment

Average age of plant and equipment

Average remaining life of plant and equipment

Discuss these ratios and their importance for analysis of KO Corporation.

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