1. Facebook (FB) began fiscal year 2020 with $625 million in cash and ended the...

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Finance

1. Facebook (FB) began fiscal year 2020 with $625 million in cash and ended the fiscal year with
$1.425 billion in cash. During the year Facebook invested in property, plant and equipment
totaling $915 million and had a cash flow from operating activities of $1.325 billion. What
was the cash flow from financing activities?
2. In fiscal year 2020 Coca-Cola (KO) reported sales of $4.5 billion, operating costs other than
depreciation of $1.250 billion, and depreciation of $750 million. During the year Coca-Cola
invested $550 million in fixed assets and had a change in net operating working capital of
$850 million. Coca-Colas tax rate for 2020 was 25% and had 850 million shares of common
stock outstanding at the end of the year. What was Coca-Colas free cash flow per share for
2020?
3. In fiscal year 2020 Chevron (CVX) had revenue of $140 billion, net income of $2.9 billion,
and year-end total assets of $237.5 billion. The firms total-debt-to-total-capital ratio was
35%. The firm finances using only debt and common equity and its total assets equal total
invested capital. Based on the DuPont equation, what was the ROE?

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