o Fire Home Insert Draw Page Layout Formulas Data Review View Help Editing Share X Calibri A A Wrap Text General Paste BIUD ab - A- Merge & Center $ % 828 Conditional Format As Styles Insert Delete Format Editing Formatting Cupboard Font Alignment fable Sye 90 Lindo 60 07 A B 2 3 4 S fx C D F G H 1 PA13-5 Interpreting Profitability, Liquidity, Solvency, and P/E Ratios Coke and Pepsi are well-known international brands. Coca-Cola Co. sells more than $42 billion each year while annual sales of PepsiCo products exceed $62 billion. Compare the two companies as a potential investment based on the following ratios as reported by csimarket.com for the twelve months ended September 30, 2016 6 7 8 Discuss in class View recording 9 10 Current Ratio Current Assets/Current Liabilities 11 Coca Cola 12 Pepsi Co. 13 1.24 >1-Good 1.35 For every $1 of liability, Coca Cola has $1.24 of assets to pay for the liability 14 For every $1 of liability, Pepsi Co. has $1.35 of assets to pay for the liability 15 Debt to assets 16 Debt Ratio Total Liabilities/Total Assets 17 <1 N