PepsiCo's long-term contractual purchase commitments for orange juice in connection with its Tropicana business are recorded as liabilities on the balance sheet. True False Brand development costs are A. capitalized and amortized over periods which generally range from 5 to 40 years. B. amortized over expected useful lives of successful products. C. expensed as incurred. D. recorded as an intangible asset with an indefinite life and no amortization. An example of a non-operating expense for PepsiCo, Inc. is A. shipping and handling cost B. interest expense. C. an impairment charge. D. research and development cost Common stock acquired and held as treasury stock during the fiscal year ended December 26, 2015 was A. $3,001. B. $5.000 C. $3, 730. D. $4.040. PepsiCo's advertising costs, such as production costs for future media advertising are expensed as incurred True False The cost of a reacquired franchise right in connection with provides acquit/ions that provides an exclusive and perpetual distribute beverages for sale geographic location is generally A. recorded as a nonamortizable intangible asset B. expensed as incurred. C. recorded as goodwill D amortized over the contractual period