The financial statements of PepsiCo, Inc. are presented in Appendix A at the end of this textbook.
Question:
The financial statements of PepsiCo, Inc. are presented in Appendix A at the end of this textbook.
Instructions
Answer the questions on the following page using the Consolidated Balance Sheet and the Notes to Consolidated Financial Statements section.
(a) What were PepsiCo’s total current assets at December 26, 2009, and December 27, 2008?
(b) Are assets that PepsiCo included under current assets listed in proper order? Explain.
(c) How are PepsiCo’s assets classified?
(d) What are “cash equivalents”?
(e) What were PepsiCo’s total current liabilities at December 26, 2009, and December 27, 2008?
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Step by Step Answer:
a At December 26 2009 PepsiCos total current assets were 26717 million and at December 27 2008 Pepsi...View the full answer
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ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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