Question: Exercise 12-12 Your answer is partially correct. Try again. Suppose Presented below is 2022 information for for PepsiCo, Inc. and The Coca-Cola Company. ($ in
Exercise 12-12 Your answer is partially correct. Try again. Suppose Presented below is 2022 information for for PepsiCo, Inc. and The Coca-Cola Company. ($ in millions) PepsiCo Coca-Cola Net cash provided by operating activities $7,221 $7,687 Average current liabilities 9,190 13,925 Net income 5,727 6,830 Sales revenue 43,868 33,778 Capital expenditures 2,335 1,917 Dividends pald 2,466 3,950 Compute free cash flow for both companies and compare (Show a negative free cash flow with either a - sign e.o. -15,000 or in parenthesis e.g. (15,000).) PepsiCo Coca-Cola Free cash flow (in millions) PepsiCo, Inc t's free cash flow is greater. Click if you would like to show Work for this question: Open Show Work Question Attempts: 2 of 3 used SAVE FOR LATER SUBMIT ANSWER SAMSUNG
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