PepsiCo, Inc., the parent company of Frito-Lay snack foods and Pepsi beverages, had the following current assets

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PepsiCo, Inc., the parent company of Frito-Lay snack foods and Pepsi beverages, had the following current assets and current liabilities at the end of two recent years:

PepsiCo, Inc., the parent company of Frito-Lay snack foods and 115908

a. Determine the (1) current ratio and (2) quick ratio for both years. Round to one decimal place.
b. What conclusions can you draw from thesedata?

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Financial Accounting

ISBN: 978-1133952428

12th Edition

Authors: Warren, Reeve, Duchac

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Question Posted: May 07, 2012 07:35 AM

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PepsiCo, Inc., the parent company of Frito-Lay snack foods and Pepsi beverages, had the following current assets

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a 1 Current Ratio Dec 26 2009 14 Dec 27 2008 12 2 Quick Ratio Dec 26 2009 10 Dec 27 20...View the full answer

Financial Accounting

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