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

Question:

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, compute the following 2010 ratios for each company.

(1) Inventory turnover ratio.
(2) Days in inventory.

  (b) What conclusions concerning the management of the inventory can you draw from these data?

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Financial and managerial accounting

ISBN: 978-1118016114

1st edition

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

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