The Coca Cola Company (Coca-Cola), like PepsiCo, manufactures and markets a variety of beverages. Exhibit 3.15 presents a statement of cash flows for Coca-Cola for Year 0 to Year 4.
Required
Discuss the relationship between net income and cash flow from operations and between cash flows from operating, investing, and financing activities for the firm over the five-year period. Identify characteristics of Coca Cola's cash flows that one would expect for a mature company.