PepsiCos financial statements arc presented in Appendix B. Financial statements of The Coca-Cola Company are presented in
Question:
PepsiCo’s financial statements arc 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 the following for each company.
(1) Total assets at December 31, 2011, for PepsiCo and for Coca-Cola at December 31, 2011.
(2) Accounts (notes) receivable, net at December 31, 2011. for PepsiCo and at December 31, 2011, for Coca-Cola.
(3) Net revenues for year ended in 2011.
(4) Net income for year ended in 2011.
(b) What conclusions concerning the two companies can be drawn from these data?
Step by Step Answer:
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso