Question: This week's discussion topic comes from CT 11.2 in your textbook on pages 11 39. PepsiCo, Inc. financial statements are in Appendix B, and Coca-Cola
This week's discussion topic comes from CT 11.2 in your textbook on pages 11 39. PepsiCo, Inc. financial statements are in Appendix B, and Coca-Cola Company financial statements are in Appendix C. Use their financials to answer the following questions: - On December 28, 2019, what was PepsiCo's largest current liability account? What were its total current liabilities? On December 31, 2019, What was Coca-Cola's largest current liability account? What were its total current liabilities? - Based on information contained in those financial statements, compute the following 2019 values for each company: - working capital - current ratio - What conclusions concerning the relative liquidity of these companies can be drawn from these data
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