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Expand Your Critical Thinking 13-4 The Coca-Cola Company and PepsiCo, Inc. provide refreshments to every corner of the world. Suppose selected data from recent consolidated

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Expand Your Critical Thinking 13-4 The Coca-Cola Company and PepsiCo, Inc. provide refreshments to every corner of the world. Suppose selected data from recent consolidated financial statements for The Coca-Cola Company and for PepsiCo, Inc. are presented here (in millions). Coca- Cola PepsiCo Total current assets Total current liabilities Net sale:s Cost of goods sold Net income Average (net) accounts receivable for the year Average inventories for the year Average total assets Average common stockholders' equity Average current liabilities Average total liabilities Total assets Total liabilities Income taxes Interest expense Net cash provided by operating activities Capital expenditures Cash dividends $17,551$12,571 8,756 43,232 20,099 5,946 4,654 2,570 37,921 14,556 8,772 23,466 39,848 23,044 2,100 397 6,796 2,128 2,732 13,721 30,990 11,088 6,824 3,424 2,271 44,595 22,636 13,355 21,960 48,671 23,872 2,040 355 8,186 1,993 3,800

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