The actual fi nancial statements of PepsiCo, Inc., as presented in the company’s 2009 annual report, are contained in Appendix A (at the back of the textbook).

Instructions
Refer to PepsiCo’s fi nancial statements and answer the following questions.
  (a) What were PepsiCo’s total assets at December 26, 2009? At December 27, 2008?
  (b) How much cash (and cash equivalents) did PepsiCo have on December 26, 2009?
  (c) What amount of accounts payable did PepsiCo report on December 26, 2009? On December 27, 2008?
  (d) What were PepsiCo’s net revenues in 2007? In 2008? In 2009?
  (e) What is the amount of the change in PepsiCo’s net income from 2008 to 2009?