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3) Using Coca Cola's financial statement data. Suppose Coca Cola had purchased additional equipment for $670 million at the end of 2015, and this equipment

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3) Using Coca Cola's financial statement data. Suppose Coca Cola had purchased additional equipment for $670 million at the end of 2015, and this equipment was depreciated by $80 million per year in 2016, 2017, and 2018. Given a tax rate of 35%, what impact would this additional purchase have had on Coca Cola's net income in years 2016-2018

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