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A recent annual report for PepsiCo contained the following information for the period (dollars in millions): Net income $ 5,142 Depreciation and amortization 1,543 Increase

A recent annual report for PepsiCo contained the following information for the period (dollars in millions):

Net income $ 5,142
Depreciation and amortization 1,543
Increase in accounts receivable 549
Increase in inventory 345
Increase in prepaid expense 68
Increase in accounts payable 718
Decrease in taxes payable 180
Increase in other current liabilities 738
Cash dividends paid 2,541
Treasury stock purchased 4,720
1.

Compute cash flows from operating activities for PepsiCo using the indirect method. (Enter your answers in millions. Amounts to be deducted should be indicated with a minus sign. Omit the "$" sign in your response.) statement of cash flows

2. Compute the quality of income ratio. (Enter your answer in decimals and not in percentages. Round your answer to two decimal places for example: 12% should be entered as 0.12.)

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