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Coca-Cola Company Financial Data for the Year Ended December 31, 2023: Item Amount Net Income $6,500,000 Depreciation Expense $2,000,000 Change in Accounts Receivable $600,000 Change

Coca-Cola Company Financial Data for the Year Ended December 31, 2023:

Item

Amount

Net Income

$6,500,000

Depreciation Expense

$2,000,000

Change in Accounts Receivable

$600,000

Change in Inventory

($800,000)

Capital Expenditures

$1,800,000

Dividends Paid

$1,300,000

Requirements:

  1. Prepare the Cash Flow Statement using the indirect method.
  2. Compute the Net Cash provided by Operating Activities.
  3. Calculate the Net Cash used in Investing Activities.
  4. Determine the Net Cash provided by Financing Activities.
  5. Analyze Coca-Cola's overall cash flow performance.

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