Use the 2008 statement of cash flow for the CoCa-Cola company to answer the following questions:

• compute Coca-Cola's "Net cash provided by operating after reinvestment." This amount is computed by subtracting "Net cash from investing activities" from " Net cash from operating activities." Interpret the results of the calculation for Coca-Cola for the period 2006-2008
• In its operating activities section, Coca-Cola subtracts gains on sales of assets in computing net cash from operating activities. Why are these gains subtracted?
• Think of the dealings that Coca-Cola has its shareholders. The shareholders give money to te company bay purchasing new shares of stock. For the three-year period 2006-2008, did Coca-Cola receive more cash from its shareholders than it paid back to them, or did it pay more cash to its shareholders than it received? Show your caculations.
• Look carefully at the statement of cash flows. Did the U.S dollar get stronger or weaker during the three-year period 2006-2008?

Use the 2008 statement of cash flow for the CoCa-Cola company to answer the following questions: 1. compute Coca-Cola's "Net cash provided by operating after reinvestment." This amount is computed by subtracting "Net cash from investing activities" from " Net cash from operating activities." Interpret the results of the calculation for Coca-Cola for the period 2006-2008 2. In its operating activities section, Coca-Cola subtracts gains on sales of assets in computing net cash from operating activities. Why are these gains subtracted? 3. Think of the dealings that Coca-Cola has its shareholders. The shareholders give money to te company bay purchasing new shares of stock. For the three-year period 2006-2008, did CocaCola receive more cash from its shareholders than it paid back to them, or did it pay more cash to its shareholders than it received? Show your caculations. 4. Look carefully at the statement of cash flows. Did the U.S dollar get stronger or weaker during the three-year period 2006-2008? The Coca-Cola Company and Subsidiaries Consolidated Statement of Cah Flows For the Years Ended Deceber 31, 2006, 2007, 2008 (in millions) 2008 Operating activities Net income ............................................................................. $5,807 Depreciation and amortization............................................ 1,228 Stock-based compensation expense................................... 266 Deferred income taxes............................................................ (360) Equity income or loss, net of dividends............................... 1,128 Foreign currency adjustments.............................................. (42) Gains on sales of assets, including bottling interest......... (130) Other operating changes....................................................... 209 Other items.............................................................................. 153 Net change in operating assets and liabilities..................... (688) Net cash from oerating activities........................................... $ 7,571 Investing activities Acquisition and investment, principally trademark and bottling companies....................................................... $ (759) Purchases of other investment............................................ (240) Proceeds from disposals of investments and other assets 479 Purchases of property , plant, and equipment.................... (1,968) Proceeds from disposals , plant and equipment.................. 129 Other investing activities........................................................... (4) Net cash from investing activities.......................................... $(2,363) Financing activities Issuances of debt................................................................. $4,337 Payments of debt................................................................ (4,308) 2007 $5,981 1,163 313 109 (452) 9 (244) 166 99 6 $ 7,150 2006 $5,080 938 324 (35) 14 52 (303) 159 233 (615) $ 5,975 $ (5, 653) $ (901) (99) (82) 448 640 (1,648) (1,407) 239 112 (6) (62) $ (6,719) $(1,700) $9,979 (5,638) $617 (2,021) Issuances of stock................................................................ 586 Purchases of stock for treasury........................................ (1,079) Dividends............................................................................. (3,521) Net cash from financing activities........................................ $(3,985) Effect of exchange rate changes on cash and cash equivalents ............................................................................ $ (615) Cash and cash equivalent: ................................................... Net increase during the year............................................. $ 608 Balance of beginning of year............................................ 4,093 Balabce of the end of year.............................................. $ 4,701 1,619 (1,838) (3,149) $ 973 $249 $ 1,653 2,440 $4,093 148 (2,416) (2,911) $(6,583) $65 $(2,261) 4,701 $2,440