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

Question:

PepsiCo’s are presented in Appendix A. of The Coca-Cola Company are presented in Appendix B.
Instructions
(a) Based on the information contained in these determine each of the following for each company.
(1) Gross profit for 2007.
(2) Gross profit rate for 2007.
(3) Operating income for 2007.
(4) Percent change in operating income from 2006 to 2007.
(b) What conclusions concerning the relative profitability of the two companies can you draw from these data?

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...