Identify and discuss the following aspects of Coca Cola’s consolidated tax expense disclosed in the financial statements
Write: Make sure your response addressing the following questions is more than 200 words and that you include a brief paraphrase or direct quote from the reading material where appropriate. Include proper in-text citations for each paraphrase or direct quote as shown in the UAGC Writing Center’s Citing Within Your Paper (Links to an external site.) guide.
Discussion Question
Identify and discuss the following aspects of Coca Cola’s consolidated tax expense disclosed in the financial statements:
Loss carryforwards and carrybacks
Components of deferred tax assets and liabilities
Deferred tax impacts of stock sales by equity investees
Deferred tax impacts of sales of interests in investees
Valuation allowances on deferred taxes
200 words
Part 2
Discussion QuestionMany companies make annual reports available on their corporate web page, often under an Investors tab. Annual reports also can be accessed through the SEC’s EDGAR system at the U.S. Securities and Exchange Commission:
Visit the S. Securities and Exchange Commission (Links to an external site.) website.
Highlight the drop-down menu for “Filings” in the upper right corner and click on “Company Filing Search”.
Enter the name of a public company. For example, Home Depot.
You will then see a list of SEC filings.
Locate the last 10K filing, which is their annual filing.
Click on the red highlighted 10k document.
The company’s reported operating segments and whether they are based on product lines, geographic areas, or some other basis.
The importance of each operating segment for the company as a whole, in terms of revenues, income, and assets.
Whether the company provides any enterprise-wide disclosures, in addition to disclosures related to its operating segments.
Whether the company provides disclosures about major customers.
Requirements: 400 words
Answer preview to identify and discuss the following aspects of Coca Cola’s consolidated tax expense disclosed in the financial statements
APA
513 words
