Question

The purpose of this discussion forum is to engage the class by sharing with your peers the knowledge you have learned from this course. Therefore, this forum is structured to be similar to a "mini-research presentation forum." Each student shares with the class in their discussion posting the knowledge they have gained from their research.

For your initial post:

ACG 2021 Chapter 7 Learning Objective 6 - View before completing discussion assignment

Cash Ratio

ACG 2021Chapter 8 Learning Objective 5 - View before completing the discussion assignment

Quick Ratio Receivable Turnover Days Sales Outstanding

Find an annual report for a company of interest (perhaps your employer). Publicly held company annual reports (10K) can be located via Edgar Archives on the Security and Exchange website.

To perform the search in the Edgar Archives you can use either the company name or "ticker symbol" for the company. [View instructions on how to access the annual reports]

Click on the link to "Interactive Data" and then the link to the "Financial Statements". Locate and review the Income Statement and Balance Sheet. Title your post with the name of your company and share the following in your post:

What is the name of your company?

What is the web address that leads to your financial reports?

Why are you interested in this company?

Calculate the cash ratio.

Calculate the acid-test ratio & accounts receivable turnover ratio.

What have you learned from this analysis?

After you have conducted your research, please share with the class approximately 1-2 paragraphs.

Use proper sentence structure and language.

In order to receive full credit you will need to make a Post ("Start a New Thread") and reply to at least two classmates by the Module due date.

Take a look at the Discussion Forum Grading Rubric in order to understand how you will be evaluated.

The goal of this assignment is to share with your peers "real-world" application of knowledge you have learned from this course.

I used Coca Cola

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
CURRENT ASSETS
Cash and cash equivalents	$ 6,006	$ 8,555
Short-term investments	9,352	9,595
TOTAL CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS	15,358	18,150
Marketable securities	5,317	4,051
Trade accounts receivable, less allowances of $477 and $466, respectively	3,667	3,856
Inventories	2,655	2,675
Prepaid expenses and other assets	2,000	2,481
Assets held for sale	219	2,797
Assets held for sale - discontinuing operations	7,329	0
TOTAL CURRENT ASSETS	36,545	34,010
EQUITY METHOD INVESTMENTS	20,856	16,260
OTHER INVESTMENTS	1,096	989
OTHER ASSETS	4,560	4,248
PROPERTY, PLANT AND EQUIPMENT - net	8,203	10,635
TRADEMARKS WITH INDEFINITE LIVES	6,729	6,097
BOTTLERS' FRANCHISE RIGHTS WITH INDEFINITE LIVES	138	3,676
GOODWILL	9,401	10,629
OTHER INTANGIBLE ASSETS	368	726
TOTAL ASSETS	87,896	87,270
CURRENT LIABILITIES
Accounts payable and accrued expenses	8,748	9,490
Loans and notes payable	13,205	12,498
Current maturities of long-term debt	3,298	3,527
Accrued income taxes	410	307
Liabilities held for sale	37	710
Liabilities Held for Sale, Discontinued Operations	1,496	0
TOTAL CURRENT LIABILITIES	27,194	26,532
LONG-TERM DEBT	31,182	29,684
OTHER LIABILITIES	8,021	4,081
DEFERRED INCOME TAXES	2,522	3,753
THE COCA-COLA COMPANY SHAREOWNERS' EQUITY
Common stock, $0.25 par value; Authorized — 11,200 shares; Issued — 7,040 and 7,040 shares, respectively	1,760	1,760
Capital surplus	15,864	14,993
Reinvested earnings	60,430	65,502
Accumulated other comprehensive income (loss)	(10,305)	(11,205)
Treasury stock, at cost — 2,781 and 2,752 shares, respectively	(50,677)	(47,988)
EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY	17,072	23,062
EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS	1,905	158
TOTAL EQUITY	18,977	23,220
TOTAL LIABILITIES AND EQUITY	$ 87,896	$ 87,270

Answer 1

1. Name of the company I chose is Coca Cola.

2. https://www.coca-colacompany.com/investors/archives-annual-other-reports

3. It is a global company with many subsidiaries and operations all over the globe.I chose the company because of the learning it can provide covering all the areas of the accounts and financial reporting.

4. for 2017 - 0.76 and for 2016 - 0.84

5. Acid test ratio for 2017 is 0.90 and for 2016 is 0.98. While AR Turnover Ratio for 2017 is 9.66 and for 2016 is 10.86

6. I have learned as to how to apply the learned ratio analysis in the real books of accounts and analyse the status of the company.