Prepare projected financial statements for PepsiCo. step 1: work with classmate. develop a 2014 projected income statement
Question:
Prepare projected financial statements for PepsiCo.
step 1: work with classmate. develop a 2014 projected income statement and balance sheet for PepsiCo assume that PepsiCo plans to raise $900 million in 2014 to increase its market share, and plans to obtain 50 percent financing from a bank and 50 percent financing from a stock issuance. Make other assumptions as needed, and state them clearly in written form.
Step 2: compute PepsiCo's current ratio, debt-to-equity ratio, and return on investment ratio for 2014. How do your 2014 ratio compare to the 2012 and 2013 ratios? Why is it important to make this comparison? http:fiance.yahoo.com to obtain actual 2013 financial statements.
Financial Accounting
ISBN: 978-0077862268
2nd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann