PepsiCo's financial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented in

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PepsiCo's financial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented in Appendix C. Instructions for accessing and using the complete annual reports of PepsiCo and Coca-Cola, including the notes to the financial statements, are also provided in Appendices B and C, respectively.
Instructions
(a) Based on the information contained in these financial statements, determine the following for each company.
(1) Total assets at December 26, 2015, for PepsiCo and for Coca-Cola at December 31, 2015.
(2) Accounts (notes) receivable, net at December 26, 2015, for PepsiCo and at December 31, 2015, for Coca-Cola.
(3) Net revenues for the year ended in 2015.
(4) Net income for the year ended in 2015.
(b) What conclusions concerning the two companies can be drawn from these data?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Financial Accounting

ISBN: 978-1119305736

10th edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel

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