Obtain copies of the annual reports of The Coca Cola Company
Obtain copies of the annual reports of The Coca-Cola Company and PepsiCo for the most recent year. You can find the annual reports at the companies’ websites (www.coca-cola.com and www.pepsico.com) in the investor information section or at the Securities and Exchange Commission’s website (www.sec.gov) using EDGAR (Electronic Data Gathering, Analysis, and Retrieval). The SEC requires Form 10-K, which includes the annual report, to be filed on EDGAR. Search or scroll within the annual reports to find the financial statements.

1. For each company, calculate the gross profit ratio, inventory turnover ratio, and average days in inventory.
2. Compare the management of each company’s investment in inventory.

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