PepsiCo, Inc.'s financial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented
Question:
PepsiCo, Inc.'s financial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented in Appendix C. The complete annual reports of PepsiCo and CocaCola, including the notes to the financial statements, are available at each company's respective website.
Instructions.
a. Based on the information contained in these financial statements, determine each of the following for PepsiCo at December 28, 2019, and for Coca-Cola at December 31, 2019.
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 financial positions can be drawn?
Step by Step Answer:
Accounting Principles
ISBN: 9781119707110
14th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell