PepsiCo, Inc.’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 each of the following for PepsiCo at December 31, 2013, and for Coca-Cola at December 31, 2013.

(1) Total current assets.

(2) Net amount of property, plant, and equipment (land, buildings, and equipment).

(3) Total current liabilities.

(4) Total equity.

(b) What conclusions concerning the companies’ respective financial positions can be drawn?