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A high percentage of Americans own stock in corporations. As a shareholder in a corporation, you will receive an annual report. One of the goals of this course is for you to learn how to navigate your way around an annual report. Instructions Use PepsiCo Inc.s annual report provided in Appendix A to answer the following questions. (a) What CPA

Chapter 11, FINANCIAL REPORTING AND ANALYSIS #7

A high percentage of Americans own stock in corporations. As a shareholder in a corporation, you will receive an annual report. One of the goals of this course is for you to learn how to navigate your way around an annual report.

Instructions
Use PepsiCo Inc.’s annual report provided in Appendix A to answer the following questions.
  (a) What CPA firm performed the audit of PepsiCo’s financial statements?
  (b) What was the amount of PepsiCo’s earnings per share in 2010?
  (c) What was net revenue in 2010?
  (d) How many shares of treasury stock did the company have at the end of 2010?
  (e) How much cash did PepsiCo spend on capital expenditures in 2010?
  (f) Over what life does the company depreciate its buildings?
  (g) What was the total amount of dividends paid in 2010?

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a) Ernst & Young LLP b) $4.04 c) $43.25 billion d) 11,237,000 e) $2.10 billion f) 39 years g) $…View the full answer

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Related Book For answer-question
Financial and managerial accounting

Financial and managerial accounting

1st edition

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

ISBN: 978-1118016114

Answers for Questions in Chapter 11

Brief Exercises:
COMPREHENSIVE PROBLEM:
Continuing cookie chronicle:
DO IT! Review:
Exercises:
FINANCIAL REPORTING AND ANALYSIS:
IFRS Exercises:
Problem Set A:
Problem Set B:
Questions:

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