Free Cash Flow and Cash Flow Adequacy Ratio Financial information for Apple Inc. (AAPL), The Coca-Cola Company (KO), and Verizon Communications (VZ) follows (in millions): Apple Coca-Cola Verizon Average debt maturing over the next five years $9,575 $3,576 $7,341 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) 1. Compute the free cash flow for each company. Enter answers in millions. Apple: $ 58,896 Coca-Cola: $ 8,417 Verizon: 17,807 2. Compute the cash flow adequacy ratio for each company. Round percentages to one decimal place. Apple: 6.2 X % Coca-Cola: Verizon: 2.4 X % 3. Which company has the greatest free cash flow? Apple 2.4 X %