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    Components of Different Financial Statements

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    In a brief paragraph asume the role of an investor.

    Describe the components of the different financial statements based on this perspective and explain which of the four different financial statements helped you the most and why.

    Reference page 69-73.

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    Solution Preview

    The following are the four financial statements mentioned in the financial report of Coco Cola:
    1. Consolidated statement of income showing net sales, gross profit, operating expenses, operating income, income taxes, interest, net income, basic and diluted earnings per share.
    2. consolidated balance sheet showing current assets, current liabilities, fixed costs and shareholders' equity
    3. cash flow statement showing changes in operational, investing and financing activities of the company and
    4. Statement of changes in shareholders' equity

    As an investor, I will look at the profitability of the company and ...

    Solution Summary

    The components of different financial statements are examined in the solution.