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Go to sheet assignment1 in the Chapter 2 Excel file. Compute the Coca-Cola's enterprise value in 2019 using the efficient market approach in Chapter 2,
Go to sheet assignment1 in the Chapter 2 Excel file. Compute the Coca-Cola's enterprise value in 2019 using the efficient market approach in Chapter 2, the Coca-Cola's balance sheet in 2019, and the Coca-Cola's current share price and number of outstanding shares below the balance sheet. (Submit the number in million dollars. For example, submit 12,345 if the enterprise value is $12,345,000.) COCA-COLA BALANCE SHEET 2019 IN MILLION DOLLARS 2 Cash Cash Equivalents & Short Term Investments 11,175 Current Liabilities 26,973 3 Receivables 3,971 Total Non Current liabilities Net Minority Interest 38,310 4 Inventory 3,379 Total Liabilities Net Minority Interest 65,283 5 Prepaid Assets 1,886 6 Current Assets 20,411 Stockholders' Equity 18,981 7 Minonty Interest 2,117 8 Total non current assets 65,970 Total Equity Gross Minority interest 21,098 9 10 Total Assets 86,381 Total liabilities and equity 86 381 11 12 Coca-Cola share price ($) 50 13 Coca-Cola number of outstanding shares (milions) 4,314 14 15 16 17 18 19 COCA-COLA CASH FLOW STATEMENT 2019 20 Cash flows from operating activities 10,471 21 22 Investments in property, plant and equipment 2,054 23 Acquisitions, net -5,542 24 Purchases of investments 14,704 25 Sales/Maturities of investments 6,973 26 Other investing activites -56 27 Net cash used for investing activites 3,976 28 Cash flows from investing activities -3,976 29 30 Cash flows from financing activities -9,004 31 32 33
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