Kimmel, Accounting, 7e Help System Announcements Expand Your Critical Thinking 13-04 The Coca-Cola Company and PepsiCo, Inc. provide refreshments to every corner of the worl IP itical itical 13-01 13-02 13-04 13-05 13-06 13-07 Coca-Cola PepsiCo $16,451 $11,771 12,921 8,256 29,090 40,632 10,388 18,899 6,424 5,546 3,224 4,354 2,171 2,370 35,621 13,656 12,555 8,272 20,660 22,066 45,771 37,448 22,472 21,644 1,920 2,000 335373 7,686 6,396 1,873 2,028 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 13-08 3,600 2,532 Kimmel, Accounting, 7e Help System Announcements (a) Compute the following liquidity ratios for Coca-Cola and for PepsiCo. (Round current ratio to 2 decima Coca-Cola PepsiCo :1 (1) Current ratio (2) Accounts receivable turnover ical times times ical (3) Average collection period days -01 days times (4) Inventory turnover times 3-02 3-04 3-05 3-06 3-07 3-08 (5) Days in inventory days days which company is more liquid? (b) Compute the following solvency ratios for the two companies. (Round times interest earned to I decima Coca-Cola PepsiCo (1) Debt to assets ratio (2) times times Times interest earned (3) Free cash flow Which company is more solvent? Compute the following profitability ratios for the two companies. (Round percentages to 1 decimal place Coca-Cola PepsiCo (1) Profit margin (2) Asset turnover times times (3) Return on assets (4) Return on common stockholders' equity Which company has lower profit margin? Which company has a higher profitability overall