2. In fiscal year 2020 Coca-Cola (KO) reported sales of $4.5 billion, operating costs other...

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Finance

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?

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