The actual financial statements of PepsiCo, Inc., as presented in the company’s 2010 Annual Report, are contained in Appendix A (at the back of the textbook).

Instructions
Refer to PepsiCo’s financial statements and answer the following questions.

  (a) What were PepsiCo’s total assets at December 25, 2010? At December 26, 2009?
  (b) How much cash (and cash equivalents) did PepsiCo have on December 25, 2010?
  (c) What amount of accounts payable did PepsiCo report on December 25, 2010? On December 26, 2009?
  (d) What were PepsiCo’s net sales in 2008? In 2009? In 2010?
  (e) What is the amount of the change in PepsiCo’s net income from 2009 to 2010?