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Following are comparative statements of cash flows, as reported by The Coca - Cola Company in its 2 0 2 0 annual report: THE COCA
Following are comparative statements of cash flows, as reported by The CocaCola Company in its annual report:
THE COCACOLA COMPANY AND SUBSIDIARIES
Consolidated Statements of Cash Flows
Year Ended December in millions
Operating Activities details omitted:
Net cash provided by operating activities $ $ $
Investing Activities:
Purchases of investments
Proceeds from disposals of investments
Acquisitions of businesses, equity method investments, and nonmarketable securities
Proceeds from disposals of businesses, equity method investments, and nonmarketable securities
Purchases of property, plant, and equipment
Proceeds from disposals of property, plant, and equipment
Other investing activities
Net cash provided by used in investing activities
Financing Activities:
Issuances of debt
Payments of debt
Issuances of stock
Purchases of stock for treasury
Dividends
Other financing activities
Net cash provided by used in financing activities
Effect of Exchange Rate Changes on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents:
Net increase decrease in cash, cash equivalents, restricted cash and restricted cash equivalents during the year
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of the year
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of year
Less: Restricted cash and restricted cash equivalents at end of year
Cash and cash equivalents at end of year $ $ $
Required:
For the each of the three years by what amount, net cash provided by operations exceeded net cash used for investing activities and for the payment of dividends.
Have operating cash flows of the year been sufficient to meet investing needs and to pay dividends?
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