The following data were obtained from the cash flow statements (prepared using the indirect method) of The
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The following data were obtained from the cash flow statements (prepared using the indirect method) of The Coca-Cola Company from 2008 through 2011. All amounts are in millions of U.S. dollars.
1. Using the information given, estimate the December 31, 2011, 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, 2011, balance in the paid-in capital from common stock account in relation to the balance in the treasury stock account.
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