PepsiCo, Inc., recently reported short-term borrowings and accrued compensation and benefits as follows: Assume that during 19X2,
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PepsiCo, Inc., recently reported short-term borrowings and accrued compensation and benefits as follows:
Assume that during 19X2, PepsiCo borrowed \(\$ 914.3\) million on short-term debt. Also assume that PepsiCo paid \(\$ 4,281.9\) million for employee compensation and benefits during 19X2 .
\section*{Required}
1. Compute PepsiCo's payment of short-term debt during \(19 \times 2\).
2. Compute PepsiCo's employee compensation and benefit expense during \(19 \mathrm{X}\).
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Related Book For
Financial Accounting
ISBN: 9780133118209
2nd Edition
Authors: Charles T. Horngren, Jr. Harrison, Walter T.
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