Suppose the following is 2022 information for PepsiCo, Inc. and The Coca-Cola Company. Instructions Compute free cash

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Suppose the following is 2022 information for PepsiCo, Inc. and The Coca-Cola Company. 

(S in millions) Net cash provided by operating activities Average current liabilities Net income Sales revenue Capital e


Instructions 

Compute free cash flow for both companies and compare.

Free Cash Flow
Free cash flow (FCF) represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Unlike earnings or net income, free cash flow is a measure of profitability that excludes the...
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Related Book For  answer-question

Financial Accounting Tools for Business Decision Making

ISBN: 978-1119493631

9th edition

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

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