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Coca-Cola: Residual Income Valuation Exercise & Coca-Cola: Residual Income Valuation Exercise (TN)
Harvard Business School Case 9-113-056 & 5-
Courseware 9-113-707
This courseware was prepared solely as the basis for class discussion. Cases are
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1
Coca-Cola (ticker symbol KO on NYSE)
LIABILITIES
Accounts Payable 929.00 1,380.00 1,370.00
+ Short-Term Debt 3,268.00 6,052.00 6,531.00
+ Other Current Liabilities 4,693.00 5,793.00 5,087.00
= Total Current Liabilities 8,890.00 13,225.00 12,988.00
SHAREHOLDERS' EQUITY
Preferred Stock 0.00 0.00 0.00
+ Common Shareholder's Equity 16,920.00 21,744.00 20,472.00
= Total Shareholder's Equity 16,920.00 21,744.00 20,472.00
TOTAL LIABILITIES & EQUITY 29,795.00 43,203.00 40,436.00
11,441.00 16,672.00
12,828.00 26,909.00
547.00 314.00
Sales Growth #DIV/0!
NOPAT / Sales 21.29%
0.00 0.00 Beg. Net Working Capital / Sales 0.79%
24,799.00 31,003.00 Beg. Net Operating Long Term Assets / Sales 64.74%
24,799.00 31,003.00
48,575.00 72,823.00 Net Debt / Book Value of Net Capital 10.53%
Preferred Equity / Book Value of Net Capital 0.00%
2,303.00 2,292.00 Shareholders' Equity / Book Value of Net Capital 89.47%
31,003.00
0.00
0.00
31,003.00
2,292.00
13.53