E4.5. Calculating Cash Flow from Operations and Cash Investment for Coca-Cola (Easy) The Coca-Cola Company reported Net

Question:

E4.5. Calculating Cash Flow from Operations and Cash Investment for Coca-Cola (Easy) The Coca-Cola Company reported "Net cash provided by operating activities" of $7,150 million in its 2007 cash flow statement. It also reported interest paid of $405 million and interest income of $236 million. Coke has a 36% tax rate. What was the company's cash Blow from operations for 2007?

Coca-Cola Company also reported "Net cash used in investing activities" of 56,719 mil- lion in its 2007 cash flow statement. As part of this number, it reported "Purchases of investments" (in interest-bearing securities) of $99 million and "Proceeds from disposal of investments" of 5448 million. What cash did it spend on investments in operations? What was Coca-Cola's free cash flow for 2007

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Statement Analysis And Security Valuation

ISBN: 9780071267809

4th International Edition

Authors: Penman-Stephen-H, Steven Penman

Question Posted: