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E12-9 Suppose the following is 2017 information for PepsiCo, Inc. and The Coca-Cola Company ($ in millions) PepsiCo Coca-Cola Net cash provided by operating activities

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E12-9 Suppose the following is 2017 information for PepsiCo, Inc. and The Coca-Cola Company ($ in millions) PepsiCo Coca-Cola Net cash provided by operating activities 6,796 8,186 Average current liabilities Net income Sales revenue Capital expenditures Dividends paid 8,772 5,979 43,232 2,128 2,732 13,355 6,906 30,990 1,993 3,800 Instructions Compute free cash flow for both companies and compare

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