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Go to sheet assignment1+ in the Chapter 2 Excel file. Compute the Coca-Cola's free cash flow in 2020 using the Coca-Cola's cash flow statement in
Go to sheet assignment1+ in the Chapter 2 Excel file. Compute the Coca-Cola's free cash flow in 2020 using the Coca-Cola's cash flow statement in 2020. Assume that (1) only "Purchase of PPE" item in the investing activities section is operating-related, and (2) the net interest is zero, i.e., there is no tax shield. (Submit the number in million dollars. For example, submit 12,345 if the enterprise value is $12,345,000,000.)
COCA-COLA CASH FLOW STATEMENT 2020 Cash Flow from Continuing Operating Activities 9,844 Purchase of PPE Sale of PPE Net Business Purchase And Sale Net Investment Purchase And Sale Net Other Investing Changes Cash Flow from Continuing Investing Activities -1,177 189 -863 252 122 -1,477 Cash Flow from Continuing Financing Activities -8,070
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