An annual report for PepsiCo contained the following information (in millions of U.S. dollars): Required: 1. Compute

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An annual report for PepsiCo contained the following information (in millions of U.S. dollars):image text in transcribed

Required:
1. Compute the cash flows from operating activities for PepsiCo by using the indirect method.
2. Compute the quality of earnings ratio.
3. What were the major reasons why Pepsi's quality of earnings ratio did not equal 1.0 ?

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Related Book For  book-img-for-question

Financial Accounting

ISBN: 9780070001497

4th Canadian Edition

Authors: Patricia A. Libby, Daniel Short, George Kanaan, Maureen Libby Gowing, Robert Libby

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