I have to have this done by 12pm today (6/19/17) CST. I don't have many credits or I would offer to pay more but if I can get this by, or preferably before, my deadline then I do have a couple of extra credits that I am willing to tip. Please help!!!
insert Draw Layout Review View I QA' EEEE?' 29/ 9 What accounting principle does PM} follow regarding accounting for advertising? Where are advertising expenses reported in the nancial statements? Comparative Analysis Case The Coca-Cola Company and PepsiCo, Inc. The nancial statements of Coca-Cola and PepsiCo are presented in Appendices C and D, respectively. The companies' complete annual reports, including the notes to the nancial statements, are available online. Instructions Use the companies' nancial information to answer the following questions. (a) What are the primary lines of business of these two companies as shown in their notes to the financial statements? (1)) Which company has the dominant position in beverage sales? (c) How are inventories for these two companies valued? What cost allocation method is used to report inventory? How does their accounting for inventories affect comparability between the two companies? (d) What accounting policy changes do the companies discuss? Financial Statement Analysis Case Wal-Mart Stores, Inc. Wal-Mart Stores, Inc. provided the following disclosure in a recent annual report. New accounting pronouncement (partial) the Securities and Exchange Commission issued Staff Accounting Bulletin No. 101 \"Revenue Recognition in Financial Statements\" (3.43 101). This SAB deals with various revenue recognition issues. several of which rallii CocaCola and PepsiCo-"'- Saved insert Draw Layout Review View Picture e r U Av 3: I: app ,5 ,o amortization expense in 2012, 2013, and 2014? Comparative Analysis Case The Coca-Cola Company and PepsiCo, Inc. The nancial statements of Coca-Cola and PepsiCo are presented in Appendices E, and [1, respectively. The companies' complete annual reports, including the notes to the financial statements, are available online. Instructions Use the companies' nancial information to answer the following questions. (a) Which company had the greater percentage increase in total assets from 2013 to 2014? (b) Using the Selected Financial Data section of these two companies. determine their 5-year average growth rates related to net sales and income from continuing operations. to) Which company had more depreciation and amortization expense for 2014? Provide a rationale as to why there is a difference in these amounts between the two companies. Financial Statement Analysis Cases Kellogg Company has its headquarters in Battle Creek, Michigan. The company manufactures and sells ready-toeat breakfast cereals and convenience foods including cookies, toaster pastries, and cereal bars. Selected data from Kellogg Company's 2014 annual report follows (dollar amounts in millions]. | nsert Draw Layout Review Vi ew Picture B i U Av 3: : sip a ,0 A -_.I___-__-_--._ _.______-__- __-...-_-_____-_-_- ____ -_-_---__ -_-__-... Company The Coca-Cola Company is the world's largest beverage company. It owns or licenses and markets more than 500 nonalcoholic beverage brands, primarily sparkling betterages. but also a variety of still beverages such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. Finished beverage products bearing Coca-Cola trademarks, sold in the United States since 1386. are nowr available in more than 200 countries. To access Coca-Cole's complete annual report, including notes to the nancial statements, follow these steps: 1. Go to NW 2. Select Financial Reports and Information and then click on 2014 Annual Report on Form 10-32. 3, The Notes to Consolidated Financial Statements begin on page T3. THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME Year Ended December 31. m 2013 2012 (In millions except per share data} --- NET OPERATING REVENUES S S 5 45,993 46,854 48,01? Cost of goods sold GROSS PROFIT Selling, general and administrative expenses Other operating charges "m OPERATING INCOME Interest income mm- Interest expense \"-- \"m muss-m Equity income (loss) net . II' llll' I l' pal-Iii CocaCola and PepsiCo-"'- Saved insert Draw Layout Review View Picture B I U A' E: 5': r [V 9 A D specumen l'll'IanClal Statements: FEpSlUD, Inc. Pepsico, Inc. is a leading global food and beverage company with a complementary portfolio of enjoyable brands, including Prim-Lay, Gatorade, Pepsi-Cola, Quaker, and Tropicana. Through its operations, authorized bottlers, contract manufacturers, and other third parties. PepsiCo makes, markets, distributes, and sells a wide variety of convenient and enjoyable beverages, foods, and snacks, serving customers and consumers in more than 200 countries and territories. To access PepsiCo's complete annual report, including notes to the financial statements, follow these steps: 1. Go to MW. 2. Select SEC Filings and then the 10K, dated 2i12t'2015 (select the pdf version). 3. Select Entire document. 4. The Notes to Consolidated Financial Statements begin on page 3'3. Consolidated Statement of Income PepsiCo, Inc. and Subsidiaries Fiscal years ended December 2?, 2014, December 28, 2013 and December 29, 2012 (in millions except per share amounts NH 30]! EDI! I'll-t III-rune I \"ll-II 5 M15 5 55."! You: nah-cia- m JIJJJ JIJ'II Gm- pml 35.1\" 15.\": 54.3" Sclhm. metal and dammit-l: upon-ct \".13. 3.35? 24.911] ambit-an nflunglhh m It IIII ll'l 01:th Inn IJII. 9.?05 1| l2 III-III nom- M M II M: tum: 'I'qumc and olhor Is 91 9| [m hulk! hm Illa 3.751 ml 3.30! l'nwnnion for imam Inn 1.!\" 2. IIJH 2.0\"] Net hm m 6.1!? 6,1\" Less: Ned now-m.- altn'huhhlve In mmmlmllnl mule-h J!- \" 31'- \" Im amu- a run-c. W W W No! Incl-l Arlilbk h Poplin per ('nlI tilt! III: I U! I 1.3? 5 1H insert Draw Layout Review View Picture The two questions that are highlighted in the rst 2 pictures are the two questions that I have to complete. Included are also the rst pages of the appendices that have the website for the nancial information for both CocaCola and PepsiCo. If anything else is needed please let me know. It has to be completed by 12pm EST 0n GIIQIZBIZ tomorrow