The financial statements and the Notes to Consolidated Financial Statements of PepsiCo, Inc. are presented in Appendix
Question:
The financial statements and the Notes to Consolidated Financial Statements of PepsiCo, Inc. are presented in Appendix A.
Instructions
Refer to PepsiCo’s financial statements and answer the following questions.
(a) What was the total cost and book value of property, plant, and equipment at December 26, 2009?
(b) What method or methods of depreciation are used by the company for financial reporting purposes?
(c) What was the amount of depreciation and amortization expense for each of the three years 2007–2009?
(d) Using the statement of cash flows, what is the amount of capital spending in 2009 and 2008?
(e) Where does the company disclose its intangible assets, and what types of intangibles did it have at December 26, 2009?
Step by Step Answer:
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso