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. The complete annual reports of PepsiCo and Coca-Cola, including the notes to the financial statements, are available at each company's respective website.
Instructions
a. Compute earnings per share and return on common stockholders' equity for both companies for 2019. Assume PepsiCo's weighted-average shares were 1,399 million and Coca Cola's weighted average shares were 4,276 million. Can these measures be used to compare the profitability of the two companies? Why or why not?
b. What was the total amount of dividends paid by each company in 2019?
Step by Step Answer:
Accounting Principles
ISBN: 9781119707110
14th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell