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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
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 $7,686 12,334 6,904 31,310 2,056 3,524 $7,099 7,927 6,370 44,889 2,269 2,830 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 Click if you would like to Show Work for this
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