PepsiCo’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 29, 2018, for PepsiCo and for CocaCola at December 31,  2018.

2. Accounts (notes) receivable, net at December 29, 2018, for PepsiCo and at December 31, 2018, for Coca-Cola.

3. Net revenues for the year ended in 2018.

4. Net income for the year ended in 2018.

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