Question: CALCIATOR PRINTER BACK Expand Your Critical Thinking 9-3 (Part Level Submission) The Coca-Cola Company and PepsiCo, Inc. provide refreshments to every corner of the world.

 CALCIATOR PRINTER BACK Expand Your Critical Thinking 9-3 (Part Level Submission)
The Coca-Cola Company and PepsiCo, Inc. provide refreshments to every corner of

CALCIATOR PRINTER BACK Expand Your Critical Thinking 9-3 (Part Level Submission) The Coca-Cola Company and PepsiCo, Inc. provide refreshments to every corner of the world. Suppose selected data from fecant consolidated financial statements for The Coca-Cola Company and for pc. Inc. are presented here (in millions), Coca-Cola PepsiCo Total current sets $17,551 $12.571 Total current liabilities 13.721 3.756 Net sales 30.990 43,232 Cost of goede sold 11.000 20.09 Net income 5.946 Average (net) accounts receivable for the year 3,424 4,654 Average inventories for the year 2.271 2.570 Average total assets 44.595 37,92: Average common stockholders' equity 14.556 Average current liabilities 13.355 3.772 Average total abilities 21.960 23.466 Total assets 48.67: Total liabilities 23.872 23.044 Income taxes 2.040 2.100 Interest expense 355 397 Net cash provided by operating activities 8.186 6.796 Capital expenditures 1.993 2.120 Cash dividends 3.800 Cash dividends 3.800 2.732 Compute the following liquidity ratios for Coca-Cola and for PepsiCo. (Round current ratio to 2 decimal places, e... 6.25 and all other answers to I decimal place, eg. 15.1.) Coca-Cola PepsiCo (1) Current ratio (2) Accounts receivable turnover times (3) Average collection period days days times times (4) Inventory turnover (5) Days in inventory days days Click if you would like to Show Work for this questions Open Shew Wik TO TEXT

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!