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

Analyze and compare Apple, Coca-Cola, and Verizon

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

Line Item Description Apple Coca-Cola Verizon
Sales $260,174 $37,266 $131,868
Net cash flows from operating activities 69,391 10,471 35,746
Cash used to purchase property, plant, and equipment (10,495) (2,054) (17,939)

a. Compute the free cash flow for each company. Enter answers in millions.

Apple: $________________ Coca-Cola: $______________ Verizon: $___________

b. Compute the ratio of free cash flow to sales for each company. Round to one decimal place.

Apple: $____________ Coca-Cola: $____________ Verizon: $____________

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