Answered step by step
Verified Expert Solution
Question
1 Approved Answer
. Consolidated Statement of Income PepsiCo, Inc. and Subsidiaries Fiscal years ended December 26, 2020, December 28, 2019 and December 29, 2018 (in millions except
.
Consolidated Statement of Income PepsiCo, Inc. and Subsidiaries Fiscal years ended December 26, 2020, December 28, 2019 and December 29, 2018 (in millions except per share amounts) $ Net Revenue Cost of sales Gross profit Selling, general and administrative expenses Operating Profit Other pension and retiree medical benefits income/expense) Net interest expense and other Income before income taxes Provision for/(benefit from income taxes (See Note 5) Net income Less: Net income attributable to noncontrolling interests Net Income Attributable to PepsiCo Net Income Attributable to PepsiCo per Common Share Basic Diluted Weighted-average common shares outstanding Basic Diluted 2020 70,372 $ 31,797 38,575 28,495 10,080 117 (1,128) 9,069 1,894 7,175 55 7,120 $ 2019 2018 67,161 $ 64,661 30,132 29,381 37,029 35,280 26,738 25,170 10,291 10.110 (44) 298 (935) (1,219) 9,312 9,189 1,959 (3,370) 7,353 12,559 39 44 7,314 $ 12,515 $ $ $ 5.14 $ 5.12 $ 5.23 $ 5.20 $ 8.84 8.78 1,385 1,392 1,399 1,407 1,415 1.425 Consolidated Balance Sheet PepsiCo, Inc. and Subsidiaries December 26, 2020 and December 28, 2019 (in millions except per share amounts) 2020 2019 $ ASSETS Current Assets Cash and cash equivalents Short-term investments Accounts and notes receivable, net Inventories Prepaid expenses and other current assets Total Current Assets Property, Plant and Equipment, net Amortizable Intangible Assets, net Goodwill Other Indefinite-Lived Intangible Assets Investments in Noncontrolled Affiliates Deferred Income Taxes Other Assets Total Assets 8,185 S 5,509 1,366 229 8,404 7,822 4,172 3,338 874 747 23,001 17,645 21,369 19,305 1,703 1,433 18,757 15,501 17,612 14,610 2,792 2,683 4,372 4,359 3,312 3,011 92,918 $ 78.547 LIABILITIES AND EQUITY Current Liabilities $ Short-term debt obligations Accounts payable and other current liabilities Total Current Liabilities Long-Term Debt Obligations Deferred Income Taxes Other Liabilities Total Liabilities Commitments and contingencies 3,780 19,592 23,372 40,370 4,284 11,340 79,366 2,920 17,541 20,461 29,148 4,091 9,979 63,679 PepsiCo Common Shareholders' Equity Common stock, par value 1/ per share (authorized 3,600 shares; issued, net of repurchased common stock at par value: 1,380 and 1,391 shares, respectively) Capital in excess of par value Retained earnings Accumulated other comprehensive loss Repurchased common stock, in excess of par value ( 487 and 476 shares, respectively) Total PepsiCo Common Shareholders' Equity Noncontrolling interests Total Equity Total Liabilities and Equity 23 3,910 63,443 (15,476) (38,446) 13,454 98 13,552 92.918 23 3,886 61,946 (14,300) (36,769) 14,786 82 14,868 78,547 $ $ Required Question: a) Calculate the ratio of price per share/book value of equity per share at year-end. b) Calculate the ratio of price per share/earnings per share at year-end. c) What is the total market value of each company at year-end? e) What is the number of their outstanding shares
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started