Access The Coca-Cola Company’s most recent financial statements. Identify and discuss the following aspects of consolidated tax expense disclosed in the financial statements:
Choose only 2 of the following to answer and write a paragraph for each 2 of them
- Loss carryforwards and carrybacks.
- Components of deferred tax assets and liabilities.
- Deferred tax impacts of stock sales by equity investees.
- Deferred tax impacts of sales of interests in investees.
- Valuation allowances on deferred taxes.