PepsiCos financial statements are presented in Appendix A. Financial statements of The Coca-Cola Company are presented in

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

Instructions
  (a) Based on the information contained in these financial statements, compute the following 2009 ratios for each company.

(1) Inventory turnover ratio
(2) Days in inventory

  (b) What conclusions concerning the management of the inventory can you draw from these data?

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Related Book For  answer-question

Accounting Principles

ISBN: 978-0470534793

10th Edition

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

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