PepsiCo, Inc.'s financial statements are presented in pepsico-inc-2020-annual-report.pdf and Financial statements of The Coca-Cola Company are presented in Coca-Cola-FEMSA-Financial-Statements-2019.pdf (coca-colafemsa.com). The complete annual reports of PepsiCo and Coca-Cola, including the notes to the financial statements, are available at each company's respective website. You are required to analyze the financial performance of these two companys accounting cycle.

1. What were PepsiCos and Coca-Colas total current assets at December 26, 2020.

2. Are assets that PepsiCo and Coca-Cola included under current assets listed in proper order? Explain.

3. How are PepsiCo and Coca-Cola assets and liabilities were classified? -Explain

4. What was PepsiCo and Coca-Cola Cash and cash equivalents at December,2020? -Explain.

5. Net amount of property, plant, and equipment (land, buildings, and equipment).

6. Total current liabilities of both the companies Explain.

7. Total equity of both the companies Explain

8. What conclusions concerning the companies' respective financial positions can be drawn?

2020 2019 ASSETS Current Assets Cash and cash equivalents Short-term investments Accounts and notes receivable, net Inventories Prepaid expenses and other current assets Total Current Assets Property, Plant and Equipment, net Amortizable Intangible Assets, net Goodwill Other Indefinite-Lived Intangible Assets Investments in Noncontrolled Affiliates Deferred Income Taxes Other Assets Total Assets 8,185 $ 1,366 8,404 4,172 874 23,001 21,369 1,703 18,757 17,612 2,792 4,372 3,312 92,918 S 5.509 229 7,822 3,338 747 17,645 19,305 1,433 15,501 14,610 2,683 4.359 3,011 78,547 S COMBINED WHOLLY-OWNED GUARANTORS SUBSIDIARIES COMBINED NON-GUARANTOR SUBSIDIARIES PARENT ELIMINATIONS CONSOLIDATED TOTAL CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS OF DECEMBER 31, 2019 Ps Ps Ps Ps Ps 9,849 18,832 4,464 28,528 (91,614) Assets: Current assets Cash and cash equivalents Accounts receivable, net Inventories Recoverable taxes Other current assets Total current assets 20,491 15,476 10,538 1,462 6,178 59,730 9,076 5,904 2014 82,902 189 188 1.474 522 7,567 2,724 56,796 29,058 36,450 (91,614)