PepsiCo’s financial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented in Appendix C. Instructions for accessing and using the complete annual reports of PepsiCo and Coca-Cola, including the notes to the financial statements, are also provided in Appendices B and C, respectively.

Instructions

(a) Based on the information contained in these financial statements, determine each of the following for each company:

(1) Cash and cash equivalents balance at December 28, 2013, for PepsiCo and at December 31, 2013, for Coca-Cola.

(2) Increase (decrease) in cash and cash equivalents from 2012 to 2013.

(3) Cash provided by operating activities during the year ended December 2013 (from statement of cash flows).

(b) What conclusions concerning the management of cash can be drawn from these data?