Instructions
Go to the book’s companion website and use information found there to answer the following questions related to The Coca-Cola Company and PepsiCo, Inc.

  (a) What is the amount of inventory reported by Coca-Cola at December 31, 2009, and by PepsiCo at December 26, 2009? What percent of total assets is invested in inventory by each company?
  (b) What inventory costing methods are used by Coca-Cola and PepsiCo? How does each company value its inventories?
  (c) In the notes, what classifications (description) are used by Coca-Cola and PepsiCo to categorize their inventories?
  (d) Compute and compare the inventory turnover ratios and days to sell inventory for Coca-Cola and PepsiCo for 2009. Indicate why there might be a significant difference between the two companies.