Business Finance
Accounting Discussion Questions

Question Description

I need support with this Accounting question so I can learn better.

Many Contingent Liabilities are not on the Balance Sheet. This obviously influences the amount of current liabilities recorded. Calculate the current ratio for Coca Cola from the 2013 Annual  Report numbers. What does this mean? Good? Bad? Why?

Student has agreed that all tutoring, explanations, and answers provided by the tutor will be used to help in the learning process and in accordance with Studypool's honor code & terms of service.

Final Answer

current ratio 1.13

Good? because if you compare it to the last two years 2012 and 2013 it  has improved

Ressy M (494)
Cornell University

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