Review the Form 10-K for the Coca-Cola company
Write a 1.050- to 1 400-word paper on the following.
Management’s Report on Internal Control Over Financial Reporting The Independent Registered Public Accounting Firm’s Report on Internal Control Over Financial Reporting The Independent Registered Public Accounting Firm’s Report on the Financial Statements
Explain the purpose and content of each of these reports.
Assuming the report you review is an Unqualified Opinion, express your thoughts on other types of financial statement reports such as Qualified Opinions, Adverse Opinions, and Disclaimer of Opinions.
se to increase their annual revenue growth. The first solution is expansion. This would include the development of new product lines and expansion into new food categories. Since Hershey’s main competitors are large international companies with products in several different industries, this solution would bring Hershey to the same playing field as them. If they wish to see revenue at the levels of their biggest competitors, this solution would meet that need. The second solution for the Hershey Company is to increase the quality of their products. This would involve the use of higher quality ingredients and the development of healthier alternatives. Given the increasing health awareness of consumers, this solution aims to meet those needs and to evolve with the changing tastes of customers. This is important if Hershey wants to stay current and relevant. The third option for Hershey is to purchase better product locations in stores. Since chocolate purchases are described as impulse buys, the location of products in stores is crucial to sales. Spots near check out lines or more product staging could help to increase sales for Hershey. Evaluation & Recommendation To evaluate each of these solutions, a weighted criteria decision matrix will be used to determine the best recommendation. The decision criteria used for this model will include research costs, product costs, expansion costs, time, and benefits to consumers. Each of these criteria will receive a weight based on the perceived importance in the decision. First, research costs will have a weight of 0.10. Research costs are inevitable in business and when considering new or multiple solutions to a problem. They are short-term costs in this case and are already a cost of doing business, therefore should not impact the decision too much. Product costs will be weighted at 0.20. These costs are also inevitable in business when selling goods but are long-term costs that the company must pay to produce their products repeatedly. Increases due to expansions or higher prices of parts (or ingredients) could impact the business and should have a higher weight in the decision-making process. Expansion costs will also be weighted at 0.20. These costs could be substantial and could have a negative impact on the business if the solution fails. Therefore, expansion costs should have a higher level of weight. Time will be weighted at 0.10. Solutions will always take some time to design and implement, so this criterion should not have a substantial effect on the decision. It is important to consider the time it will take to implement a decision and to see a result, in any case. The last >GET ANSWER