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Exercise 12-9 Suppose Presented below is 2017 information for PepsiCo, Inc. and The Coca-Cola Company. ($ in millions) PepsiCo Coca-Cola Net cash provided by operating
Exercise 12-9 Suppose Presented below is 2017 information for PepsiCo, Inc. and The Coca-Cola Company. ($ in millions) PepsiCo Coca-Cola Net cash provided by operating activities $6,242 $8,579 Average current liabilities 8,451 14,605 Net income 6,492 7,370 Sales revenue 41,856 29,107 Capital expenditures 2,072 2,026 Dividends paid 2,760 4,145 s Compute free cash flow for both companies and compare. (Show a negative free cash flow with either a PepsiCo Coca-Cola Free cash flow (in millions) 's free cash flow is greater. Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set
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