The Coca-Cola Company and Subsidiaries reported the following amounts in various statements included in its Form 10-K for the year ended December 31, 2013. (All amounts are stated in millions of dollars.)
Net income attributable to shareowners of The ....... $8,584
Coca-Cola Company for 2013
Dividends in 2013 ....................................... 4,969
Reinvested earnings, December 31, 2012 ............. 58,045
Reinvested earnings, December 31, 2013 .............. 61,660
1. Prepare a statement of retained earnings for The Coca-Cola Company for the year ended December 31, 2013.
2. The Coca-Cola Company does not actually present a statement of retained earnings in its annual report. Instead, it presents a broader statement of shareholders' equity. Describe the information that would be included on this statement that is not included on a statement of retained earnings.
This question was answered on: Jul 11, 2017
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