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begin{tabular}{|l|r|} hline Coca-Cola Company 12/31 & 2021 hline Net sales (in millions) & 38,655 hline Operating Cost (exc. Depr.) & 27,324 hline

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\begin{tabular}{|l|r|} \hline Coca-Cola Company 12/31 & 2021 \\ \hline Net sales (in millions) & 38,655 \\ \hline Operating Cost (exc. Depr.) & 27,324 \\ \hline Depreciation expense & 10 \\ \hline Operating Income & 11,321 \\ \hline Interest expense & 1321 \\ \hline Other income & 2425 \\ \hline Earnings before taxes & 12,425 \\ \hline Income taxes & 2,621 \\ \hline Net income & 9,804 \\ \hline \end{tabular} \begin{tabular}{|l|r|r|} \hline Assets: (in Millions) & 2021 & 2020 \\ \hline Cash and marketable securities & $12,625 & $10,914 \\ \hline Accounts receivable & $3,512 & $3,144 \\ \hline Inventories & 3,414 & 3,266 \\ \hline Prepaid expenses & 2,994 & 1,916 \\ \hline Total current assets & $22,545 & $19,240 \\ \hline Net fixed assets & $11,338 & $12,325 \\ \hline Other assets & $60,471 & $55,731 \\ \hline Total assets & $94,354 & $87,296 \\ \hline & & \\ \hline Liabilities: & & \\ \hline Accounts payable & $4,602 & $3,517 \\ \hline Accruals & $8,899 & $6,491 \\ \hline Notes payable & 3,307 & 2,183 \\ \hline Other Current Liabilities & 3,142 & 2,410 \\ \hline Total current liabilities & $19,950 & $14,601 \\ \hline Long-term debt & 38,116 & 40,125 \\ \hline Other liabilities & 13,289 & 13,271 \\ \hline Owner's equity & 22,999 & 19,299 \\ \hline Total liabilitios and owner's oquity & $94,354 & $87,296 \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Other Data & 2021 \\ \hline Ordinary Shares Outstanding (M) & 4,325 \\ \hline Market Price & $58.75 \\ \hline Tax Rate & 21.10% \\ \hline WACC & 4.5% \\ \hline \end{tabular} Based on Coke's Income Statement and Balance Sheet What is Coke's 2021 Capital Expenditure? QUESTION 17 Based on Coke's income Statement and Balance Sheet What is Coke's net operating working capital for 2020 ? Assume that all cash is excess cash, 1.e., this cash is not needed for operating purposes. QUESTION 18 Based on Coke's income Statement and Balance Sheet What is Coke's not operating working capital for 2021? Assume that all cash is excess cash, l.e., this cash is not needed for operating purposes. QUESTION 19 Based on Coke's income Statement and Balance Sheet What is Coke's ANOWC? QUestion 20 Based on Coke's income Statement and Balance Sheet What is Coke's 2021 FCE

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