# the coca cola company s annual report for the year ended december 31 2011 included t 4375121

The Coca-Cola Company’s annual report for the year ended December 31, 2011, included the following (\$ in millions): Property, plant, and equipment …… \$ 23,151Less: Accumulated depreciation …. 8,212 \$ 14,939 Assume that on January 1, 2012, Coca-Cola acquired some new bottling equipment for \$1.6 million cash. The equipment had an expected useful life of 4 years and an expected residual value of \$400,000. Coca-Cola uses straight-line depreciation. 1. Prepare the journal entry that Coca-Cola would make annually for depreciation on the new equipment. 2. Suppose Coca-Cola sold some of the equipment it had purchased on January 1, 2012. The equipment being sold had an original cost of \$80,000 and an expected residual value of \$15,000. Coca-Cola sold the equipment for \$42,000 cash 2 years after the purchase date. Prepare the journal entry for the sale. 3. Refer to requirement 2. Suppose Coca-Cola had sold the equipment for \$51,000 cash, instead of \$42,000. Prepare the journal entry for the sale.View Solution:
The Coca Cola Company s annual report for the year ended December

## using budget data how many apple iphone 4 s would have to have been completed 239121

Using budget data, how many Apple iPhone 4’s would have to have been completed for Danshui Plant No. 2 to break even? 2. Using budget data, what was the total expected cost per unit if all manufacturing and shipping overhead (both variable and fixed) were allocated to...

## armstrong helmet company 239138

Armstrong Helmet Company manufactures a unique model of bicycle helmet Question Case project Learning Objectives: Prepare practical applications of course concepts Develop analytical and critical thinking Develop decision-making capabilities Enhance professional...