Comparative Analysis Case The Coca-cola company and PepsiCo., Inc. Instructions Search annual reports (10-k) of the Coca-Cola Company and PepsiCo, Inc.in 2011 online and use information found there to answer the following questions.

(a) Compute the debt to assets and the times interest earned ratios for these two companies. Comment on the quality of these two ratios for both Coca-Cola and PepsiCo.

(b) What is the historical cost (carrying amount) of each companys (long-term) debts including and excluding current portion at year-end 2011?

(c) Both companies have debt issued in foreign countries. Speculate as to why these companies may use foreign debt to finance their operations. What risks are involved in this strategy, and how might they adjust for this risk?

Comparative Analysis Case The Coca-cola company and PepsiCo., Inc. Instructions Search annual reports (10-k) of the Coca-Cola Company and PepsiCo, Inc.in 2011 online and use information found there to answer the following questions.

(a) Compute the debt to assets and the times interest earned ratios for these two companies. Comment on the quality of these two ratios for both Coca-Cola and PepsiCo.

(b) What is the historical cost (carrying amount) of each companys (long-term) debts including and excluding current portion at year-end 2011?

(c) Both companies have debt issued in foreign countries. Speculate as to why these companies may use foreign debt to finance their operations. What risks are involved in this strategy, and how might they adjust for this risk?