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PepsiCos financial statements are presented in Appendix A. The Coca-Cola Companys financial statements are presented in Appendix B. Instructions Refer to the financial statements and answer the following questions. (a) Based on the information contained in these financial statements, determine the following for each company. (1) Total assets at December 25, 2010, for PepsiCo, and for Coca-Cola at December 31,

Chapter 1, FINANCIAL REPORTING AND ANALYSIS #2

PepsiCo’s financial statements are presented in Appendix A. The Coca-Cola Company’s financial statements are presented in Appendix B.

Instructions
Refer to the financial statements and answer the following questions.
  (a) Based on the information contained in these financial statements, determine the following for each company.

(1) Total assets at December 25, 2010, for PepsiCo, and for Coca-Cola at December 31, 2010.
(2) Accounts (notes) receivable, net at December 25, 2010, for PepsiCo and at December 31, 2010, for Coca-Cola.
(3) Net sales for year ended in 2010.
(4) Net income for year ended in 2010.

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

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(1) Total assets at December 25, 2010, for PepsiCo: $77,221 billion (2) Accounts receivable, net at …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 1

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

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