Module%20Five%20Homework%20Template[1] [Protected View] - Excel View Tell me what you want to do File Home Insert Page Layout Formulas Data Review PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safe to stay in Protected View Enable Editing X P10-3 D G H MN No credit will be given if work is not shown Highlight or bold your answers. P103 11 point In its 2009 annual report. The Coca Cola Company reported sales of $30.99 billion for fiscal year 2009 and $31.94 billion for fiscal year 2008. The company also reported operating income (roughly equivalent to EBIT) of $8.23 billion in 2009 and 58.45 billion in 2008. Meanwhile, arch-rival PepsiCo, Inc. reported sales of $43.23 billion in 2009 and $43.25 billion in 2008. PepsiCo's operating income was $8.04 billion in 2009 and $6.96 billion in 2008. Based on these figures, which company had higher operating leverage? (Show your work. Two decimal places required.)