After researching internet i have selected the Coca -Cola  company for my discussion.  The Coca- Cola  company, American Corporation, founded in 1892, & today  engaged primarily in the manufacturing & sale of syrup & concentrate for Caca -Cola , a sweetened  carbonated  beverage  that  is  a cultural institution  in  the  United  States  & a global symbol of American tastes. The company also produces & sells  other soft drinks & citrus beverages.

The Coca -Cola company (NySE; Ko) is a total beverage company , offering over 500 brands in more than 200 countries & territories. Coca- Cola financial statements level information about the financial health of Coca -Cola . It also  depecits  the financial results of Coca- Cola on any date or for any accounting period. Coca -Cola financial statements comprise statement of cash flows , income statement, balance sheet & statement of retained earning.

.Basically when we talk about the financial statements it refers income statements, balance sheet, cash flows & retained earnings. The income statements of earning reports on the results of it's operation activities . Comprehensive income is the change in equity (net assets ) of Coca Cola Co. During a period from transactions & other events circumstances from non- owners sources. It includes all changes in equity during a period except resulting from investments by owners & distributions to owners.

Another important component of financial statements is balance sheet. Balance Sheet which includes the liabilities & stckholder's equity reports major classes & amounts of external claims on assets & owner's capital contributions, & other internally generated sources of capital.

Cash Flow Statements is one of the most important financial statements. The cash flow statements provides information about Coca -Cola Company's cash receipts & cash payments during an accounting period,

Ratio analysis is one of the most important concept which provides the short term & long term ratio's to meet the current obligations. Coca -Cola's capital structure in terms of financing obligations & firm's ability to term debt obligations.

Coca-Cola Company's current ratio deteriorated from 2017 to 2018 & from 2018 to 2019.

Coca -Cola Company's quick ratio deteriorated from 2017 to 2018 & from 2018 to 2019. Coca -Cola Company's cash ratio deteriorated  from 2017 to 2018 & from 2018 to 2019.

The cost components of the manufacturing company is materials which includes all raw materials & consumables used in the manufacture of a product .The distinction between raw materials & consumable is that raw materials are part of the finished products whereas consumables are used during the manufacturing process & are not physically part of the final product.

Direct Material Cost    

Direct material cost is the cost of all the , identifiable materials used in the manufacture of a product.

Indirect Material Cost

Indirect material costs are those which can't be directly traced to a specific unit of production and are aboserbed into the product manufacturing cost using an appropriate absorption base.

Direct Labor Cost

Direct labor cost is the gross wage cost of all the labor which can be directly traced to a specific unit of production.

Indirect Labor Cost 

Indirect labor costs are those which can't be directly traced to a specific unit of production.

Expenses cover any other costs not included under the material or labor manufacturing cost components. Expenses can also be divide into direct & indirect expenses.Direct expenses can be directly traced to a specific unit of production.Indirect expenses are those which can't be directly traced to a specific unit of production & are observed into the product manufacturing cost using an appropriate absorption base.

Manufacturing Overhead

Manufacturing overhead is the total of all indirect cost of manufacturing a product. 

Conversion Cost

Conversion cost is the total of all the manufacturing cost components described above other than direct materials costs. It is the cost of converting the direct materials into a finished product.

Costing system of products that all costs are related to departments or processes & cost assign to products according to the utilization of process. In short , the company consider each product cost depends on activities , which include in the production process. Main three activities are shown the production  process features like concentrate & syrup , blending , packaging & manufacturing. So, it clearly shows company makes a budget of it's  cost according to activities related to process.

Refrences

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www.stock.analysis.net