Briefly review the consolidated statements of cash flows

Assignment Help Financial Accounting
Reference no: EM13535527

Using cash flow information-The Coca-Cola Company Following are comparative statements of cash flows, as reported by The Coca-Cola Company in its 2008 annual

THE COCA-COLA COMPANY AND SUBSIDIARIES




Consolidated Statements of Cash Flows




Year Ended December 31 (in millions)





2008

2007

2006

Operating Activities (details omitted)




Net cash provided by operating activities

$ 7,571

$ 7,150

$ 5,957

Investing Activities




Acquisitions and investments, principally beverage




and bottling companies and trademarks

(759)

(5,653)

(901)

Purchases of other investments

(240)

(99)

(82)

Proceeds from disposals of bottling companies




and other investments

479

448

640

Purchases of property, plant, and equipment

(1,968)

(1,648)

(1,407)

Proceeds from disposals of property, plant,




and equipment

129

239

112

Other investing activities

(4)

(6)

(62)

Net cash used in investing activities

(2,363)

(6,719)

(1,700)

Financing Activities




Issuances of debt

4,337

9,979

617

Payments of debt

(4,308)

(5,638)

(2,021)

Issuances of stock

586

1,619

148

Purchases of stock for treasury

(1,079)

(1,838)

(2,416)

Dividends

(3,521)

(3,149)

(2,911)

Net cash provided by (used in) financing activities

(3,985)

973

$ (6,583)

Effect of Exchange Rate Changes on




Cash and Cash Equivalents

(615)

249

65

Cash and Cash Equivalents




Net increase (decrease) during the year

608

1,653

(2,261)

Balance at beginning of the year

4,093

2,440

4,701

Balance at end of year

$ 4,701

$ 4,093

$ 2,440

Required:

a. Briefly review the consolidated statements of cash flows, and then provide an overall evaluation of the "big picture" during the three years presented for Coca-Cola. Have operating cash flows been sufficient to meet investing needs and to pay dividends? b. Were there significant changes to any of the specific line-item details that you think would require further explanation or analysis?

Reference no: EM13535527

Questions Cloud

Prepare a statement of changes in retained earnings : Prepare the balance sheet for Harris, Inc., at December 31, 2011 and prepare a statement of changes in retained earnings for the year ended December 31, 2011.
What is the submarines acceleration : A 2000 kg submarine rises straight up to the surface of the ocean. what is the submarine's acceleration
Evaluate the mass of ferrous ammonium sulfate : Calculate the mass of ferrous ammonium sulfate you would need to add to a 100.00 mL volumetric flask to make a solution that is 59 ppm in Fe. Then, stock solution A is prepared by dissolving 183.5 mg of ferrous ammonium sulfate in water and diluti..
Determine what is his acceleration : Two ice skaters push off of one another. Paul has a mass of 65 kg and an acceleration of 5 m/s2 south. Tom has a mass of 75 kg, what is his acceleration
Briefly review the consolidated statements of cash flows : Have operating cash flows been sufficient to meet investing needs and to pay dividends? b. Were there significant changes to any of the specific line-item details that you think would require further explanation or analysis?
Find the speed of the ball when it rolls off the platform : A ball rolls horizontally off the edge of a 6.5-meter-tall platform. find the speed of the ball when it rolls off the platform
Evaluate the volume occupied o2 and cl2 : Calculate the volume occupied 1.50g 7.00g of O2 and Cl2 react when mixed without exerting a pressure 482atm to 22 degrees Celsius.
Calculate the operating income for spenser co : Calculate the operating income for Spenser Co. for the year ended December 31, 2010 and calculate the company's net income for 2010.
Calculate the absorbed heat : Hydrogen under p = 5 atmospheres and T = 20 C is warmed isobarically until its volume increases from 1 to 2 liters. Calculate the absorbed heat.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Perform a hypothesis test

What would be your answer in (a) if the sample mean is 328.9 mL and the standard deviation is 3 mL?

  Explain inventory purchases budget

Breakeven analysis and margin of safety analysis (in units and sales dollars). The margin of safety analysis should assess three sales volume scenarios: best case, most likely, and worst case scenarios.

  Prepare the adjusting entries for the month of march

The ledger of Hammond, Inc. on March 31, 2010, includes the following selected accounts before adjusting entries.

  What charitable contrubution deduction

The trust had DNI of $25,000. What charitable contrubution deduction, if any, may the trust deduct? Is the trust a simple or complex trust in 2010? Is the trust a simple or complex trust in 2010?

  Compute the number of orders placed in the month of january

compute the number of orders placed in the month of january and cash collected in the month of april as details

  Analysis of various accounting changes and errors

At December 31, 2009, the client had a receivable of $820,000 from Hendricks Inc. on its balance sheet. Hendricks Inc. has gone bankrupt, and no recovery is expected. The client proposes to write off the receivable as a prior period item.

  Compute the company manufacture overhead budget

Constructure the company manufactureing overhead budget for the upcoming fiscal yr and i need to compute the company manufacture overhead budget rate include variable and fixed manufacturing overhead for the upcoming fiscal yr round off to the near..

  Out of eden inc is forecasting to invest in new

out of eden inc. is forecasting to invest in new manufacturing equipment to prepare a new garden tool. the new garden

  Prepare a process cost report for the mixing department

Using the FIFO costing method, prepare a process cost report for the Mixing Department for January and explain how the analysis for the Cooking Depart­ment will differ from the analysis for the Mixing Department.

  Prepare a table summarizing the lerase payments

Examine and determine each capitalization creiteria and evaluate what type of lease this is for Adden.

  Who relies on the financial statements

a) Who relies on the financial statements (external users) and why, what are they using the statements for?

  Calculating the number of units to be sold to achieve

calculating the number of units to be sold to achieve targeted profit.selling price per unit- 40total fixed

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd