PepsiCo, Inc., reported the following information about its long-term debt in the notes to a recent financial
Question:
PepsiCo, Inc., reported the following information about its long-term debt in the notes to a recent financial statement (in millions):
Long-term debt is comprised of the following:
a. How much of the long-term debt was disclosed as a current liability on the current year’s December 31 balance sheet?
b. How much did the total current liabilities change between the preceding year and the current year as a result of the current portion of long-term debt?
c. If PepsiCo did not issue additional long-term debt next year, what would be the total long-term debt on December 31 of the upcoming year?
Transcribed Image Text:
December 31 Current Year Previous Year Total long term-debt Less current portion Long-term debt $32,248 $37,816 (3,953) $28,295 (4,020) $33,796
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Accounting
ISBN: 9781337902687
28th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
Question Posted:
Students also viewed these Business questions
-
The Coca-Cola Company reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt is comprised of the following: a. How much...
-
In a recent balance sheet, Wal-Mart reported the following information (in millions): Required Calculate Wal-Mart's current ratio for each year and answer the following questions: a. Was the company...
-
Pepsi Co, Inc., reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt is composed of the following: a. How much of the...
-
What is the significance of communication between managers and their subordinates, and how does it impact employee performance?
-
How can cooperation emerge in the infinitely repeated prisoners' dilemma game even though in a single shot prisoners' dilemma, noncooperation is a dominant strategy?
-
On January 1, 2020, Procise Corporation acquired 100 percent of the outstanding voting stock of GaugeRite Corporation for $2,005,200 cash. On the acquisition date, GaugeRite had the following balance...
-
Describe the importance of analyzing financial statements for managers. (p. 427) LO.1
-
Lydia Hartley, manager of UltraProducts New Zealand Division, is trying to set the production schedule for the last quarter of the year. The New Zealand Division had planned to sell 100,000 units...
-
Rhodes Corporation: Income Statements for Year Ending December 3 1 ( Millions of Dollars ) 2 0 1 8 2 0 1 7 Sales$ 5 , 5 0 0 . 0 $ 5 , 0 0 0 . 0 Operating costs excluding depreciation 4 , 5 3 8 . 0 4...
-
Use INDEX and MATCH functions to fill in a table that extracts the amounts shipped between each pair of cities in the accompanying data, which shows the solution to an optimization model that finds...
-
The payroll register of Calpton Co. indicates $11,340 of social security withheld and $2,625 of Medicare tax withheld on total salaries of $189,000 for the period. Earnings of $19,000 are subject to...
-
The payroll register of Shortman Co. indicates $3,240 of social security withheld and $810 of Medicare tax withheld on total salaries of $54,000 for the period. Retirement savings withheld from...
-
Why is cash the asset that often warrants the most attention in the design of an ef fective internal control structure? LO2
-
4. Write short notes on Wiener Filtering.
-
1.Explain Histogram processing
-
2. Explain Spatial Filtering ?
-
3. Explain the Geometric Transformations used in image restoration. 4.Describe homomorphic filtering
-
5.Explain the different Noise Distribution in detail. UNIT I V 1. What is segmentation? 2. Write the applications of segmentation. 3. What are the three types of discontinuity in digital image? 4....
-
Hastings College pooled the individual investments of three of its funds on December 31, 2019. The recorded value and the fair market value of the investments on December 31, 2019, are presented...
-
A line l passes through the points with coordinates (0, 5) and (6, 7). a. Find the gradient of the line. b. Find an equation of the line in the form ax + by + c = 0.
-
What is done to record properly a transaction involving the issuance of a non-interest-bearing long-term note in exchange for property?
-
How is the present value of a non-interest-bearing note computed?
-
How is the present value of a non-interest-bearing note computed?
-
44. Dryer Companys policy is to keep 25% of the next month's sales in ending inventory. If Dryer meets its ending inventory policy at the end of April and sales are expected to be 24,000 units in May...
-
What general conclusions can you draw about your companys liquidity, solvency and productivity based on your ratio calculations. Working Capital 2017 = $9,994 M 2016 = $10,673 M Current Ratio 2017 =...
-
Tami Tyler opened Tami's Creations, Incorporated, a small manufacturing company, at the beginning of the year. Getting the company through its first quarter of operations placed a considerable strain...
Study smarter with the SolutionInn App