10-ks for Coca-cola Co.

10-ks for Walmart Inc. After looking at the 10-ks provided for both companies. Calculate the free cash flow, free cash flow to revenue ratio, and investing cash flow to operating cash flow ratio? show work. What are some differences in the cash flow of the two companies provided? How did these two companies compare?

(In millions) 2020 2019 2018 S 7.768 $ 1,536 126 (18) (511) 783 200) (914) 556 499 590 2,844 3.985 S 1,365 201 280) (421) 91 ) 127 504 366 10,471 5476 1,086 225 (413) V450 ce (50) 743 550 558 699 1 240) 7.627 Year Ended December 31, Operating Activities Consolidated net income Depreciation and amortization Stock-based compensation expense Defcared income taxes De Equity (come) loss net of dividends Foreign currency adjustments Simficant (gains) losses - Det Othet operating charged Other items Net change in operating assets and liabilities Net Cash Provided by Operating Activities Investing Activities Purchases of investments Proceeds from disposals of investments Acquisitions of businesses, equity method investments and natmarketable securities Proceeds from disposals of businesses, egusty method investments and no marketable securities Purchases of property, plant and guipment Proceedis from disposals of property, plant and equipment Other investing activities Net Cask Provided by (Used in) Investing Activities Financing Activities Les of debt Payment of debt Inces of stock Purchases of stock for treasury Dividends Other financing activities Net Cash Provided by Used in) Financing Activities Efect of Exchange Rate Canessa Cash, Casa Equivalents, Restricted Cash and Restricted Caah Equinas Cash Cash Ecuivales, Restricted Cash and Restricted Cak Equivalents Neces (decea) in cat, cathecuvaleats, restricted cash and restricted ca equivalents dubeye Cash eats cuivales. Dednicted cash and restricted cash equivalents at beginning of yea! Call, Canl Equivalents, Restricted Canland Restricted Con Esmisalents at End of Year Les Restricted earth and restricted chequrlent al end of ye Cash and Cali Eguivalents End Year 23,583) 13835 L852) 189 2,177) O 189 122 1,477) 4,700) 6.973 5 542) 429 2,054) ) 978 (56) 3.976) 093345239, 99gagang 92990831998 7.789) 14,977 (1263) 1362 ( 148 (60) 5.927 26,934 (28,795) 547 218) 7,067 23.009 24.850) 1012 1,103) (6,845) (221 19.000 27.605 (30,600) 1,476 1912) 6,640) 2720 10347 3110 18.070) 76 262) 373 4,737 Z. US 251) 3318 2505 5373 2312 241 0.077 257 5480 Refer to Notes to Consolidated Financial Statements Fiscal Years Ended January 31, 2019 2018 2020 s 15,201 $ 7.179 S 10,523 10,529 (Amounts in millions) Cash flows from operating activities: Consolidated net income Adjustments to reconcile consolidated net income to net cash provided by operating activities Depreciation and amortization Unrealized (gains) and losses (Gains) and losses for disposal of business operations Asda pension contribution Deferred income taxes Loss on extinguishment of debt Other operating activities Changes in certain assets and liabilities, net of effects of acquisitions Receivables, net Inventones Accounts payable Accrued liabilities Accrued income taxes Net cash provided by operating activities 10,987 (1.886) IS (1,036) 320 10,678 3,516 4,850 (499) (304) 3,136 1.210 1,981 1,734 154 (300) (274) 186 (93) 25 255 (368) (1.311) 1,831 183 (40) 27,753 (1,074) (140) 4,086 928 (557) I 28.337 Cash flows from investing activities: Payments for property and equipment Proceeds from the disposal of property and equipment Proceeds from the disposal of certain operations Payments for business acquisitions rel of cash acquired Other investing activities Nel cash used in investing activities (10.705) 321 833 (56) 479 (9.128) (10.344) 519 876 (14,656) (431) (24.036) (10,051) 378 1,046 (375) TANTE ) (77) (9.079) (4,656) 5,492 (1,907) (53) 15,872 (3,784) Cash flows from financing activities: Nct change in short-term borrowings Proceeds from issuance of long-term debt Repayments of long-term debt Premiums paid to extinguish debt Dividends paid Purchase of Company stock Dividends paid to noncontrolling interest Purchase of noncontrolling interest Other financing activities Net cash used in financing activities (6,048) (5,717) (555) (6,102) (7.410) (431) 4,148 7.476 (13,061) (3.059) (6,124) (8.296) (690) (8) (261) (19,875) (629) (908) (14,299) (2.537) (69) (438) 487 Effect of exchange rates on cash, cash equivalents and restricted cash Net increase (decrease) in cash, cash equivalents and restricted cash Cash, cash equivalents and restricted cash at beginning of year Cash, cash equivalents and restricted cash at end of year 1.759 7.756 9,515 742 7,014 2.756 (130) 7,144 7.014 S Supplemental disclosure of cash Now information: Income taxes paid Interest paid 3,616 S 2.464 3,982 S 2 348 6,179 2.450 See accompanying notes