PepsiCos financial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented in
Question:
PepsiCo’s financial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented in Appendix C. Instructions for accessing and using the complete annual reports of PepsiCo and Coca-Cola, including the notes to the financial statements, are also provided in Appendices B and C, respectively.
Instructions
(a) Compute earnings per share and return on common stockholders’ equity for both companies for 2013. Assume PepsiCo’s weighted-average shares were 1,541 million and Coca-Cola’s weightedaverage shares were 4,568 million. Can these measures be used to compare the profitability of the two companies? Why or why not?
(b) What was the total amount of dividends paid by each company in 2013?
Step by Step Answer:
Accounting Principles
ISBN: 978-1118875056
12th edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso