Q 14.13. The following are quarterly earnings and assets for Coca-Cola and PepsiCo (in millions of dollars) from 2002 financial reports, including restated figures for 2001 (for PepsiCo):

If it is now July 2002, what would be good comparable earnings and comparable assets for these two firms?

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Coca-Cola (KO) PepsiCo (PEP) Quarter Earnings Assets Earnings Assets Ending Q A Q A Q A Q A 6/2002 1,290 25,287 888 24,200 3/2002 801a 23,689 651 22,611 12/2001 914 3,979 22,417 22,417 667 2,662 21,695 21,695 9/2001 1,074 22,665 627 23,036 6/2001 1,118 22,387 873 22,248 242 2,177 3/2001 12/2000 20,834 20,834 698 2,543 N/Ab N/Ab 20,757 20,757 (a) A onetime cumulative accounting change dropped this to -125. (b) Because PepsiCo did not report quarterly assets when it restated its financials, these assets could not be found. 798 570