Financial information for Apple Inc. (AAPL), The Coca-Cola Company (KO), and Verizon Communications (VZ) follows (in millions):

a. Compute the free cash flow for each company.
b. Compute the ratio of free cash flow to sales for each company. Round to one decimal place.
c. Which company has the greatest free cash flow?
d. How does Verizon differ from the other two companies?

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Apple $215,639 65,824 (12,734) Coca-Cola Verizon $41,863 8,796 (2,262) $125,980 22,715 (17,059) Sales Cash flows from operating activities Cash used to purchase property, plant, and equipment