The financial statements of Coca-Cola and PepsiCo are presented in Appendices C and D, respectively. The companies

Question:

The financial statements of Coca-Cola and PepsiCo are presented in Appendices C and D, respectively. The companies’ complete annual reports, including the notes to the financial statements, are available online.

Instructions

Use the companies’ financial information to answer the following questions.

a. Based on the information contained in these financial statements, determine each of the following for each company.

1. Cash used in (for) investing activities during 2017 (from the statement of cash flows).

2. What was the total other comprehensive income for the year 2017?

3. What was the unrealized gains or losses reported as part of other comprehensive income?

b. Identify from Coca-Cola’s December 31, 2017, balance sheet the investments it reported as being accounted for under the equity method.

c. In Note 3, what is Coca-Cola’s policy regarding its cost method investments?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...

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