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00007736, 00006680, 00007321, 00008188, 00008422

Conclusion:
Ratio analysis and financial statement analysis helps to find out the following:

  • Company is growing and can be considered as going concern

  • No material misstatement in the past

  • Company performance is consistent with industry averages

To put it in a nutshell, based on our observations we can accept the audit engagement of The Coca Cola Company.

Reference List:


1. Coca Cola (2022). Objectives, Strategies and Tactics. Coca-cola. Available from https://thecocacolacompany-sabrinayang.weebly.com/objectives.html [Accessed 27 February 2022].
2. Staten, M. and Umbeck, J. (1989). Economic Inefficiency: A Failure of Economists. Available from https://www.jstor.org/stable/1182717?seq=1#metadata_info_tab_contents [Accessed 01 March 2022].
3. War on Want (2007). Coca-Cola: drinking the world dry. War On Want. Available from https://waronwant.org/news-analysis/coca-cola-drinking-world-dry [Accessed 1 March 2022].
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