Question: 2. Using the PepsiCo annual report, determine its current liabilities at December 31,2005, and December 25,2004. Were current liabilities higher or lower than current assets

2. Using the PepsiCo annual report, determine its current liabilities at December 31,2005, and December 25,2004. Were current liabilities higher or lower than current assets in these two years? The answer to this question appears on page 193.

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