Question
a. What kind of pension plans do Coca-Cola and PepsiCo provide their employees? Looking at the financial statements, both companies did provide pension to their
a. What kind of pension plans do Coca-Cola and PepsiCo provide their employees?
Looking at the financial statements, both companies did provide pension to their employees
b. What net periodic pension expense did Coca-Cola and PepsiCo report in 2014?
Coca-Cola reported a net periodic pension expense of 1,039,000,000 in 2014 and PepsiCo reported a net periodic pension expense of 591,000,000.
c. What is the year-end 2014 funded status of Coca-Cola's and PepsiCo's plans?
for 2014 year-end, the funded status of Coca-Cola's plans is 1,444,000,000. For PepsiCo, the funded status is 1,185,000,000.
d. What relevant rates were used by Coca-Cola and PepsiCo in computing their pension amounts?
e. Compare the expected benefit payments and contributions for Coca-Cola and PepsiCo.
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