1 2 3 REAL LIFE Paid Fonts responsiQOVUUS as a manager A14-48 Using financial statement ratios to analyze Coca-Cola and PepsiCo (Learning Objectives 1, 2, 3, & 4) The Coca-Cola Company and PepsiCo, Inc., are fierce competitors in the beverage and snack markets. A perennial question among consumers is "Coke or Pepsi"? In this case, we will be looking at the financial positions of both companies to answer the question of which company is in a stronger financial position, Coke or Pepsi. Following is a table of various financial data and ratios for both Coca-Cola and PepsiCo The data are arranged in alphabetic order. The Coca-Cola Company Selected Financial Data For years ended December 31 PepsiCo, Inc. Selected Financial Data For years ended December 26, 27, and 2 ces for identifying i Faverage your sources and discuss why the sourc Try It Solutions page 843: fend percentages are calculated by c which in this case is $11,700.4. The tr Starbucks Trend Data 4 respectively 5 2015 2014 2013 2015 2014 2013 2 Sales revenue 6 Acid-test ratio 058 0.56 0.62 0.68 0.48 054 7 Current ratio 1.24 1.02 1.13 131 1.14 3 Trend percentage 123 8 Debt ratio 0.71 0.67 0.63 0.83 0.75 059 9 Earnings per share 1.69 5 1625 194 3.71 5 4315 437 10 Inventory turnover 5.83 5.61 5.63 9.68 943 8.94 11 Net income (5 in millions) TS 7,351 5 7,098 5 8,584 15 54525 6.513 5 6740 12 Rate of return on sales 16.60% 15.43% 18.32% 8.65% 9.71% 10.15% Page 852: 13 Receivables turnover 10.54 9.85 9.73 9.64 9.80 14 Return on assets 9.01% 8.33% 10.27% 9.16% 10.03% 10.05% 15 Operating income percentage 19.70% 21.11% 21.83% 13.25% 14.37% 1462% 16 Revenues (5 in millions) 15 44.2945 45,998 5 46,854 5 63,056 5 66,683 $ 56415 17 Times-interest-earned ratio 10.20 20.10 22.09 8.61 10.54 10.65 18 Working capital (5 in millions) 5 6,465 5 6125 3493 S 54535 2.5715 4364 19 1.The current ratio is calculated as foll 2 Inventory turnover is calculated as f Cost of goods sold Average inventory $7,78 ($1.30