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