Question
1. What inventory costing methods do Coca-Cola and PepsiCo use? How does each company value its inventories? 2. Compute and compare the inventory turnover ratios
1. What inventory costing methods do Coca-Cola and PepsiCo use? How does each company value its inventories?
2. Compute and compare the inventory turnover ratios and days to sell inventory for Coca-Cola and PepsiCo for 2013. Indicate why there might be a significant difference between the two companies.
3. What amount is reported in the balance sheets as property, plant, and equipment (net) for Coca-Cola at December 31, 2013, and for PepsiCo at December 28, 2013? What percentage of total assets does each company invest in property, plant, and equipment?
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