Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

An annual report for PepsiCo contained the following information (in millions of U.S. dollars): Net earnings Depreciation and amortization Increase in accounts and notes receivable

image text in transcribed
An annual report for PepsiCo contained the following information (in millions of U.S. dollars): Net earnings Depreciation and amortization Increase in accounts and notes receivable Increase in inventories Decrease in prepaid expenses Increase in accounts payables Increase in income taxes payable Cash dividends paid Repurchase of shares $5,162 1,563 559 355 73 728 179 2,542 4,727 Required: 1. Compute the cash flows from operating activities for PepsiCo by using the indirect method. (Enter your answer in millions.) Cash flows from operating activities 2. Compute the quality of earnings ratio. (Enter your answer in numbers and not in percentages. Round the final answer to 2 decimal places.) Quality of earnings ratio

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Visual Auditory And Kinesthetic Self Audit Communication And Learning Profiles

Authors: Brian Everard Walsh, Ronald Willard, Astrid Whiting

1st Edition

098666555X, 978-0986665554

More Books

Students also viewed these Accounting questions

Question

What is conservative approach ?

Answered: 1 week ago

Question

What are the basic financial decisions ?

Answered: 1 week ago