Question: 3) Using Coca Cola's financial statement data. Suppose Coca Cola had purchased additional equipment for $670 million at the end of 2015, and this equipment

 3) Using Coca Cola's financial statement data. Suppose Coca Cola had

3) Using Coca Cola's financial statement data. Suppose Coca Cola had purchased additional equipment for $670 million at the end of 2015, and this equipment was depreciated by $80 million per year in 2016, 2017, and 2018. Given a tax rate of 35%, what impact would this additional purchase have had on Coca Cola's net income in years 2016-2018

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