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Expand Your Critical Thinking 13-4 Your answer is partially correct. Try again The Coca-Cola Company and PepsiCo, Inc. provide refreshments to every corner of the

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Expand Your Critical Thinking 13-4 Your answer is partially correct. Try again 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) Total current assets Total current liabilities Net sales 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 Coca-Cola PepsiCo $14,751 $10,571 7,356 36,332 16,899 4,946 3,954 2,170 31,821 12,256 7,372 19,666 33,448 19,344 1,800 11,521 25,990 9,288 5,724 2,924 1,871 37,495 19,036 11,255 18,460 40,871 20,072 1,710 300 6,886 1,674 3,200 5,696 1,828 2,332 Compute the following liquidity ratios for Coca-Cola and for PepsiCo. (Round current ratio to 2 decimal places, e.g. 6.25 and all other answers to 1 decimal place, e.g. 15.1. Use

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