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:

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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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Financial Accounting

ISBN: 9780133118209

2nd Edition

Authors: Charles T. Horngren, Jr. Harrison, Walter T.

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