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

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

Instructions
  (a) Based on the information contained in these financial statements, determine the following for each company.

(1) Total assets at December 26, 2009, for PepsiCo and for Coca-Cola at December 31, 2009.
(2) Accounts (notes) receivable, net at December 26, 2009, for PepsiCo and at December 31, 2009, for Coca-Cola.

(3) Net revenues for year ended in 2009.
(4) Net income for year ended in 2009.

  (b) What conclusions concerning the two companies can be drawn from these data?

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Accounting Principles

ISBN: 978-0470534793

10th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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