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PepsiCo's Financial Information for 2023: Income Statement Data: Revenue: $70,372,000 Cost of Goods Sold: $38,245,000 Selling, General and Administrative: $14,372,000 Research and Development: $3,872,000 Interest
PepsiCo's Financial Information for 2023:
Income Statement Data:
- Revenue: $70,372,000
- Cost of Goods Sold: $38,245,000
- Selling, General and Administrative: $14,372,000
- Research and Development: $3,872,000
- Interest Expense: $1,500,000
- Tax Rate: 23%
Requirements:
- Prepare the Income Statement for PepsiCo for 2023.
- Compute the Gross Margin.
- Determine the Operating Income.
- Calculate the Net Income after taxes.
- Assess the return on sales (ROS) ratio for PepsiCo.
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