In its first mohth of operations, McLanie Company made three purchases of merchandise in the following sequence: McLanie uses a periodic inventory system. It also provided the following information: PepsiCo's financial statements are presented in Appendix B. Click here to view Appendix B. Financial statements of The Coca-Cola Company are presented in Appendix C. Click here to view Appendix C. The complete annual reports of PepsiCo and Coca-Cola, including the notes to the financial statements, are available at each company's respective website. In its first mohth of operations, McLanie Company made three purchases of merchandise in the following sequence: McLanie uses a periodic inventory system. It also provided the following information: PepsiCo's financial statements are presented in Appendix B. Click here to view Appendix B. Financial statements of The Coca-Cola Company are presented in Appendix C. Click here to view Appendix C. The complete annual reports of PepsiCo and Coca-Cola, including the notes to the financial statements, are available at each company's respective website