PepsiCos financial statements are presented in Appendix A. Financial statements for The Coca-Cola Company are presented in

Question:

PepsiCo’s financial statements are presented in Appendix A. Financial statements for The Coca-Cola Company are presented in Appendix B.

Instructions

(a) Based on the information contained in these financial statements, determine each of the following for PepsiCo at December 29, 2007, and for Coca-Cola at December 31, 2007.

(1) Total current assets.

(2) Net amount of property, plant, and equipment (land, buildings, and equipment).

(3) Total current liabilities.

(4) Total stockholders’ (shareholders’) equity.

(b) What conclusions concerning the companies’ respective financial positions can be drawn?

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...