PepsiCo's financial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented in

Question:

PepsiCo's financial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented in Appendix C. Instructions for accessing and using the complete annual reports of PepsiCo and Coca-Cola, including the notes to the financial statements, are also provided in Appendices B and C, respectively.

Instructions

(a) Based on the information contained in these financial statements, determine each of the following for PepsiCo at December 26, 2015, and for Coca-Cola at December 31, 2015.

(1) Total current assets.

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

(3) Total current liabilities.

(4) Total equity.

(b) What conclusions concerning the companies' respective fi nancial 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...