Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Calculate free-cash-flow (FCF) for COKE during 2021 and explain the meaning of your calculated free cash flow to COKE investors. COKE Co. Cash equivalents Account
Calculate free-cash-flow (FCF) for COKE during 2021 and explain the meaning of your calculated free cash flow to COKE investors.
COKE Co. Cash equivalents Account Receivables Inventories Prepaid expenses Total Current Assets Net Property Plant Brands, royalty & other operating assets Intangible assets Total Assets 2020 2021 45,041 48,813 -25,034 -26,420 -8,365 -8,565 -2,406 -2,428 -304 -31 0 23 688 854 9,620 12,246 -2,984 -4,242 6,636 8,004 Notes payables Account payables and accruals Unearned revenues Total current liabilities Long-term debt Other long-term debt Common stock par value + paid in Retained earnings Treasury stock Non-controlling interests Total Equity Total liabilities + Total Equity 2020 2021_COKE Co. $3,931 $3,421 Total Revenues 6,967 7,822 Cost of Sales 1,487 1,574 Selling & Admin expenses 1724 2,359 Depreciation expense $14,109 $15,176 Interest Expense 30,012 31,353 Interest income 7,370 7,434 Other non-operating income 29,750 30,223 Income before taxes 81,241 84,186 Income taxes Net income 3,389 3,533 6,803 7,595 1,512 2,164 11,704 13,292 12,776 12,676 8,611 8,611 33,440 33,440 46,571 48,028 -34,582 -34,582 2,721 2,721 48,150 49,607 81,241 84,186
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started