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PepsiCo, Inc. (PEP), the parent company of Frito-Lay TM snack foods and Pepsi beverages, had the following current assets and current liabilities at the end

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PepsiCo, Inc. (PEP), the parent company of Frito-Lay TM snack foods and Pepsi beverages, had the following current assets and current liabilities at the end of two recent years: a. Determine the (1) current ratio and (2) quick ratio for both years. Round to one decimal place. b. What conclusion can be drawn from these data? a. Determine the (1) current ratio and (2) quick ratio for both years. Round to one decimal place. b. What conclusion can be drawn from these data

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