Question
eBook Question Content Area Analyze and compare Apple, Coca-Cola, and Verizon Financial information for Apple Inc. (AAPL), The Coca-Cola Company (KO), and Verizon Communications (VZ)
eBook Question Content Area 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 $131,868 Net cash flows from operating activities 69,391 10,471 35,746 Cash used to purchase property, plant, and equipment (10,495) (2,054) (17,939) a. Compute the free cash flow for each company. Enter answers in millions. Apple: fill in the blank 1 of 3$ Coca-Cola: fill in the blank 2 of 3$ Verizon: fill in the blank 3 of 3$ b. Compute the ratio of free cash flow to sales for each company. Round to one decimal place. Apple: fill in the blank 1 of 3 % Coca-Cola: fill in the blank 2 of 3 % Verizon: fill in the blank 3 of 3 %
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