Refer to http://www.pearsonhighered.com/Horngren to view a link to The Coca-Cola Companys (NYSE: KO) 2021 Annual Report. Requirements

Question:

Refer to http://www.pearsonhighered.com/Horngren to view a link to The Coca-Cola Company’s (NYSE: KO) 2021 Annual Report.

Requirements

1. Calculate the debt ratio for Coca-Cola as of December 31, 2021.

2. How did the debt ratio for Coca-Cola compare to the debt ratio for PepsiCo, Inc. and Subsidiaries (NASDAQ: PEP)? Discuss.

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