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PepsiCo, Inc.s financial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented in Appendix C. The complete annual reports of PepsiCo and Coca-Cola, including the notes to the financial statements, are available at each companys respective website. Instructions a. Based on the information contained in these financial statements, determine the following for each company. 1.

Chapter 1, Critical Thinking #2

PepsiCo, Inc.’s financial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented in Appendix C. The complete annual reports of PepsiCo and Coca-Cola, including the notes to the financial statements, are available at each company’s respective website.


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 year ended in 2015.

4. Net income for year ended in 2015.

b. What conclusions concerning the two companies can be drawn from these data?

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a. Based on the information contained in these financial statements, the following …View the full answer

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Related Book For answer-question
Accounting Principles

Accounting Principles

13th edition

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

ISBN: 978-1119411482

Answers for Questions in Chapter 1

Brief Exercises:
Continuing Case:
Critical Thinking:
DO IT! Exercises:
Ethics Case:
Exercises:
IFRS Exercise:
Problem Set A:
Questions:

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