The financial statements of PepsiCo, Inc. are presented in Appendix A at the end of this textbook.
Question:
The financial statements of PepsiCo, Inc. are presented in Appendix A at the end of this textbook.
Instructions
Answer the following questions using PepsiCo’s Consolidated Statement of Income.
(a) What was the percentage change in (1) sales and in (2) net income from 2008 to 2009 and from 2009 to 2010?
(b) What was the company’s gross profit rate in 2008, 2009, and 2010?
(c) What was the company’s percentage of net income to net sales in 2008, 2009, and 2010? Comment on any trend in this percentage.
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a 1 Sales 2008 to 2009 was a decrease of 1 6 2009 to 2010 was an increase of 3 2 2 Net ...View the full answer
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Related Book For 
Financial and managerial accounting
ISBN: 978-1118016114
1st edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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