PepsiCo, Inc.'s financial statements are presented in pepsico-inc-2020-annual-report.pdf and Financial statements of The Coca-Cola Company are presented in Coca-Cola-FEMSA-Financial-Statements-2019.pdf (coca-colafemsa.com). The complete annual reports of PepsiCo and Coca-Cola, including the notes to the financial statements, are available at each company's respective website. You are required to analyze the financial performance of these two company’s accounting cycle.

1. What were PepsiCo’s and Coca-Cola’s total current assets at December 26, 2020.

2. Are assets that PepsiCo and Coca-Cola included under current assets listed in proper order? Explain.

3. How are PepsiCo and Coca-Cola assets and liabilities were classified? -Explain

4. What was PepsiCo and Coca-Cola “Cash and cash equivalents” at December,2020? -Explain.

5. Net amount of property, plant, and equipment (land, buildings, and equipment).

6. Total current liabilities of both the companies – Explain.

7. Total equity of both the companies – Explain

8. What conclusions concerning the companies' respective financial positions can be drawn?