Please use the provided link for PEPSICO ANNUAL SEC 10K to answer the following questions:

https://www.sec.gov/ix?doc=/Archives/edgar/data/77476/000007747621000007/pep-20201226.htm#i5cbfd9b3e6124297bb72c94e2d5e11b6_82

• Review the financial statements as whole, including the Notes to the Financial Statements to learn more about your company.
• Discuss types of information contained with and the reason for the incorporation of financial statement footnotes.

• Review the Statement of Comprehensive Income.
• What items are displayed in Other Comprehensive Income?
• What is the importance of providing this financial report?
• Does your company own treasury stock (sometimes called "repurchase of stock") in the owners' equity section (Statement of Retained Earnings)?
• Is this value increasing or decreasing?
• Consider the journal entry approach to the purchase of treasury stock. Treasury stock is displayed on the retained earnings statement/balance sheet as a negative value in owners' equity. Explain treasury stock, and why treasury stock decreases stockholders equity.
• Why would a company purchase Treasury Stock? (Hint: Review the www.principlesofaccounting.com website for Treasury Stock concepts. You can list the reasons in an enumerated list.)