Question: The following data were obtained from the cash flow statements (prepared using the indirect method) of The Coca-Cola Company from 2003 through 2006. All amounts

The following data were obtained from the cash flow statements (prepared using the indirect method) of The Coca-Cola Company from 2003 through 2006. All amounts are in millions of U.S. dollars.

Instructions:
1. Using the information given, estimate the December 31, 2006, 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, 2006, balance in the paid-in capital from common stock account in relation to the balance in the treasury stockaccount.

2006 2005 004 2003 Net Income Cash from operating activides Cash from Investing activitles. Cash from financing activities $5,080 4,872 4,847 $4,347 5.968 5,456 (1,700) (1.496)503 (936) 5,957 6.423 1.026 (2,02) 2460 (316) 19) 178 Issuances of debt Payments of debt Issuances of stock Purchases of stock for treasury 617 3,030 148 193 ..(2,416) 0 (739) (1,440) Dividends At january 1, 2003, the following items had the Indicated balances: 2,260 Pald-In Capital from Common Stock (Includes par value and additional pald-in capital) Retalned Earnings Treasury Stock 4.730 24,506 4,389

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