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Exercise 12-9 Suppose Presented below is 2017 information for PepsiCo, Inc. and The Coca-Cola Company in millions Net cash provided by operating activities Average current

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Exercise 12-9 Suppose Presented below is 2017 information for PepsiCo, Inc. and The Coca-Cola Company in millions Net cash provided by operating activities Average current liabilities Net income Sales revenue Capital expenditures Dividends paid PepsiCo Coca-Cola $8,387 13,689 7,014 32,973 1,937 3,981 $6,979 9,148 6,342 38,931 2,288 2,933 Compute free cash flow for both companies and compare. (Show a negative free cash flow with either a -sign e.g.-15,000 or in parenthesis e.g. (15,000).) PepsiCo Coca-Cola Free cash flow (in millions) 's free cash flow is greater

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