Required information Benchmark Assignment- Coca-Cola Co. & Pepsico Inc. You will need to use the data...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/664de022d8cc9_682664de02269621.jpg)
Transcribed Image Text:
Required information Benchmark Assignment- Coca-Cola Co. & Pepsico Inc. You will need to use the data below from the two companies to calculate problems and answer the following questions: Coca-Cola Co. (in millions) Pepsico Inc. (in millions) Net Revenue (Sales) $38,655 $79,474 Net Income $9,771 $7,618 Current Assets $22,545 $21,783 Current Liabilities $19,950 $26,220 Cash & Cash Equivalents $12,625 $5,988 Accounts (Trade) Receivables $3,512 $8,680 Total Assets (12/31/21) $94,354 $92,377 Total Assets (12/31/20) $87,296 $92,918 Total Liabilities (12/31/21) $69,494 $76,226 Stockholders Equity (12/31/21) $23,000 $16,043 Stockholders Equity (12/31/20) $19,300 $13,454 Calculate the debt ratio and debt/equity ratio for each company. Answer is not complete. B C 1 Coca-Cola Co. Pepsico Inc. 2 Debt Ratio 0.74 3 Debt/Equity 2.69 Ratio Required information Benchmark Assignment- Coca-Cola Co. & Pepsico Inc. You will need to use the data below from the two companies to calculate problems and answer the following questions: Coca-Cola Co. (in millions) Pepsico Inc. (in millions) Net Revenue (Sales) $38,655 $79,474 Net Income $9,771 $7,618 Current Assets $22,545 $21,783 Current Liabilities $19,950 $26,220 Cash & Cash Equivalents $12,625 $5,988 Accounts (Trade) Receivables $3,512 $8,680 Total Assets (12/31/21) $94,354 $92,377 Total Assets (12/31/20) $87,296 $92,918 Total Liabilities (12/31/21) $69,494 $76,226 Stockholders Equity (12/31/21) $23,000 $16,043 Stockholders Equity (12/31/20) $19,300 $13,454 Calculate the debt ratio and debt/equity ratio for each company. Answer is not complete. B C 1 Coca-Cola Co. Pepsico Inc. 2 Debt Ratio 0.74 3 Debt/Equity 2.69 Ratio
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
Write mission and vision statements for four companies of youre choosing. Companies like star bucks, southwest airlines, Costco, etc., are examples of ones that have developed effective mission and...
-
Use the diffusion data in the table below for atoms in iron to answer the questions that follow. Assume metastable equilibrium conditions and trace amounts of C in Fe. The gas constant in SI units is...
-
Paige, age 26, has purchased a new Ford sedan. She has a clean driving record. Collision coverage on the car in a small Midwestern city where she lives would cost approximately $630 every six months...
-
You are trying to value the same building based on comparable properties sold in recent years. There have been six property sales of buildings of comparable size in the surrounding area. a. Estimate...
-
The director of college admissions at a local university is trying to determine whether a students high school GPA or SAT score is a better predictor of the students subsequent college GPA. She...
-
One of the primary advantages of mediation is that Blank______. Multiple choice question. it has a very formal process the high level of autonomy mediation gives the participants it prioritizes...
-
Delph Company uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that 51,000 machine-hours would...
-
First - Think of something involved in acquiring real property - a house for instance - and what could go wrong that the buyer might not find out about until after the purchase is over and has moved...
-
6. Uranus orbits the Sun (Ms = 1.99 1030 kg) with a mean radius of 2.87 x 1012 m. In Earth years, how long does it take Uranus to complete one orbit? [4 marks]
-
Begin your essay with an overview, including your degree program, a summary of your career goals, and the ethnic background your interviewee (if possible, also list their position/title). Explain...
-
In a context of perfect capital mobility, consider a simplified small open economy (for this economy we consider foreign GDP (Y), foreign price level (PF), and the interest rate on international...
-
You carry a 3kg backpack at a constant velocity for 120m and the trip takes you 60s. How much work did you do on the backpack? What is the change in momentum of the back during the trip? After 120m,...
-
Write a program that allows the user to input 15 grades that range from 0 - 100. If the user inputs a number larger than 100 or small than 0, then the program should tell the user that they entered...
-
Using Gauss-Jordan elimination, invert this matrix ONLY 0 0 0 0 1
-
Which of these statements is false according to auditing standards? a. A high degree of competition accompanied by declining margins would be an example of an opportunity for fraudulent financial...
-
A clerk works in a wholesale business that also operates several retail outlets. Thus, cash sales are common. This clerk is responsible for tallying the day's cash receipts and preparing the daily...
-
What is meant by "more than remote?"
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App