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

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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 each of the following for each company.

(1) Gross profit for 2009.
(2) Gross profit rate for 2009.
(3) Operating income for 2009.
(4) Percent change in operating income from 2008 to 2009.

(b) What conclusions concerning the relative profitability of the two companies can you draw from these data?

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Accounting Principles

ISBN: 978-0470534793

10th Edition

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

Question Posted: Sep 21, 2022 03:11 AM

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

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a 1 PepsiCo Gross profit for 2009 was 192 billion 2 PepsiCo Gross profit r...View the full answer

Accounting Principles

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