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Find the 2018 financial statements for PepsiCo and Coca-Cola. For each company, navigate to the companys website, then to investor or investor relations and locate

Find the 2018 financial statements for PepsiCo and Coca-Cola. For each company, navigate to the companys website, then to investor or investor relations and locate their 2018 balance sheet.

Calculate the following leverage ratios:

Liabilities to Assets Ratio

Liabilities to Shareholders Equity Ratio

Long-term Debt to Long-term Capital Ratio

Discuss the long-term debt-paying ability of PepsiCo vs. Coca-Cola based on these ratios.

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