The financial statements of Coca-Cola and PepsiCo are presented in Appendices C and D, respectively. The companies’ complete annual reports, including the notes to the financial statements, are available online.

Use the companies’ financial information to answer the following questions.

(a)

(1) What amounts for intangible assets were reported in their respective balance sheets by Coca-Cola and PepsiCo at year-end 2014?

(2) What percentage of total assets is each of these reported amounts at year-end 2014?

(3) What was the change in the amount of intangibles from 2013 to 2014 for Coca-Cola and PepsiCo?

(b)

(1) On what basis and over what periods of time did Coca-Cola and PepsiCo amortize their intangible assets?

(2) What were the amounts of accumulated amortization reported by Coca-Cola and PepsiCo at the end of 2013 and 2014?

(3) What was the composition of the identifiable and unidentifiable intangible assets reported by Coca-Cola an PepsiCo at the end of 2014?

Answer rating: 100% (QA)

Coca Cola Pepsico a 1 Intangible Assets 2014 2637200... View the full answer