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, determine each of the following for each company:

  (1) Cash and cash equivalents balance at December 26, 2009, for PepsiCo and at December 31, 2009, for Coca-Cola.
  (2) Increase (decrease) in cash and cash equivalents from 2008 to 2009.
  (3) Cash provided by operating activities during the year ended December 2009 (from statement of cash flows).

  (b) What conclusions concerning the management of cash can be drawn from these data?