BA450-4-14 - B A 450 Dr. Fults P4-14 1. The current assets...

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BA 450 Dr. Fults P4-14 1. The current assets on December 31, 2007 were $12,105 million. Pg 67/A4. 2. The allowance for doubtful accounts on December 31, 2007 was $56 million. Pg 67/A4. 3. The par value of the company’s stock was $0.25. 3, 519 million shares were issued as of December 31, 2007. Pg 67/A4. 4. The total inventories on December 31, 2007 were $2,220 million. Pg 67/A4. The principle categories were raw materials, packaging (includes ingredients and supplies), and finished goods (includes concentrates and syrups, finished beverages). pg 74/A11. 5. The long term debt on December 31, 2007 was $3,277 million. Pg 67/A4 $399 million was for the 5 ¾ % U.S. dollar notes due 2009. Pg 88/A25. 6. The accumulated depreciation on December 31, 2007 is $5,951 million. Pg 85/A22 Depreciation is primarily recorded by the straight-line method over the estimated useful life of assets. Pg 74/A11. 7. Accounts payable and accrued expenses on December 31, 2007 were $6,915 million. Pg 67/A4. The
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BA450-4-14 - B A 450 Dr. Fults P4-14 1. The current assets...

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