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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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