Question: a. Calculate the cash conversion cycle, and interpret the numbers INCOME STATEMENT: COCA-COLA Sales 23,104 Cost of goods sold 9,195 PEPSI Sales 32,562 Cost of
a. Calculate the cash conversion cycle, and interpret the numbers
INCOME STATEMENT:
COCA-COLA
Sales 23,104
Cost of goods sold 9,195
PEPSI
Sales 32,562
Cost of goods sold 13,176
BALANCE SHEET:
COCA-COLA
Assets
Cash and Cash Equivalents 4,701
Short-term Investments 66
Accounts Receivables 2,281
Inventory 1,424
Other Current Assets 1,778
Total Current Assets 10,250
Total Assets 29,427
PEPSI
Assets
Cash and Cash Equivalents 1,716
Short-term Investments 3,166
Accounts Receivables 3,261
Inventory 1,693
Other Current Assets 618
Total Current Assets 10,454
Total Assets 31,727
Financed by:
COCA-COLA
Accounts Payable 5,290
Short-term debt 4,546
Other Current Liabilities 0
Total Current Liabilities 9,836
PEPSI
Accounts Payable 5,357
Short-term debt 2,889
Other Current Liabilities 1,160
Total Current Liabilities 9,406
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts