Go to the book’s companion website and use information found there to answer the following questions related to The Coca-Cola Company and PepsiCo, Inc.

  (a) How much working capital do each of these companies have at the end of 2011?
  (b) Compute each company’s (a) current cash debt coverage, (b) cash debt coverage, (c) current ratio,
  (d) acid-test ratio, (e) accounts receivable turnover, and (f) inventory turnover for 2011. Comment on each company’s overall liquidity.
  (c) In PepsiCo’s financial statements, it reports in the long-term debt section “short-term borrowings, reclassified.” How can short-term borrowings be classified as long-term debt?
  (d) What types of loss or gain contingencies do these two companies have at the end of 2011?