(a) What is the par or stated value of Coca-Colas and PepsiCos common or capital stock? (b)...
Question:
(a) What is the par or stated value of Coca-Cola’s and PepsiCo’s common or capital stock?
(b) What percentage of authorized shares was issued by Coca-Cola at December 31, 2007, and by PepsiCo at December 29, 2007?
(c) How many shares are held as treasury stock by Coca-Cola at December 31, 2007, and by PepsiCo at December 29, 2007?
(d) How many Coca-Cola common shares are outstanding at December 31, 2007? How many PepsiCo shares of capital stock are outstanding at December 29, 2007?
(e) What amounts of cash dividends per share were declared by Coca-Cola and PepsiCo in 2007? What were the dollar amount effects of the cash dividends on each company’s stockholders’ equity?
(f) What are Coca-Cola’s and PepsiCo’s rate of return on common/capital stock equity for 2007 and
2006? Which company gets the higher return on the equity of its shareholders?
(g) What are Coca-Cola’s and PepsiCo’s payout ratios for 2007?
(h) What was the market price range (high/low) for Coca-Cola’s common stock and PepsiCo’s capital stock during the fourth quarter of 2007? Which company’s (Coca-Cola’s or PepsiCo’s) stock price increased more (%) during 2007?
Common StockCommon stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
Step by Step Answer:
Intermediate Accounting
ISBN: 978-0470423684
13th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield