The following data were obtained from the cash flow statements (prepared using the indirect method) of The

Question:

The following data were obtained from the cash flow statements (prepared using the indirect method) of The Coca-Cola Company from 2003 through 2006. All amounts are in millions of U.S. dollars.

The following data were obtained from the cash flow statements

Instructions:
1. Using the information given, estimate the December 31, 2006, balances in the following accounts.
(a) Cash
(b) Paid-In Capital from Common Stock
(c) Retained Earnings
(d) Treasury Stock
2. Comment on the size of the December 31, 2006, balance in the paid-in capital from common stock account in relation to the balance in the treasury stockaccount.

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Intermediate Accounting

ISBN: 978-0324592375

17th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

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