The financial statements and the Notes to Consolidated Financial Statements of PepsiCo, Inc. are presented in Appendix
Question:
Refer to PepsiCo’s financial statements and answer the following questions.
(a) What was the total cost and book value of property, plant, and equipment at December 29, 2007?
(b) What method or methods of depreciation are used by the company for financial reporting purposes?
(c) What was the amount of depreciation and amortization expense for each of the three years 2005–2007?
(d) Using the statement of cash flows, what is the amount of capital spending in 2007 and 2006?
(e) Where does the company disclose its intangible assets, and what types of intangibles did it have at December 29, 2007?
Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented... Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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a Property plant and equipment is reported net book value on the ...View the full answer
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Related Book For 
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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