Question: FND 3 : Asset Recognition PepsiCo 1 . Describe the disclosures relating to Accounts Receivables and bad debt, warranties, advertising and compensation ( if applicable

FND 3: Asset Recognition PepsiCo
1. Describe the disclosures relating to Accounts Receivables and bad debt, warranties, advertising and compensation (if applicable).
2. Locate the footnote on inventory. What method does the company use? How does this choice affect COGS and inventory values?
3. How does your company depreciate its PP&E?
4. What type of long-term assets does your company have? Were any of those assets impaired? If so, why and what was the nancial statement effect?
5. Does your company have any long-term investments in securities? If so, how are these securities accounted for and valued? How does the classication of the investments securities as available- for-sale or trading securities affect the nancial statements?

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