PepsiCo's liability as of December 26, 2015 (largest):

Accounts payable and other current liabilities = $13,507 (millions)

Total Current Liabilities = $26,930 (million)

Coca-Cola's liability as of December 31, 2015 (largest):

Loans and notes payable = $13,129 (millions)

Total Current Liabilities = $17,578 (millions)

PepsiCo (millions)

Working capital = $23,031- $17,578=$5543

Current Ratio = $23,031/$17,578= 1.31

Coca-Cola (millions)

Working Capital = $33,395 - $26,930 = $6,465

Current Ratio = $33,395 / $26,930 = 1.24

What conclusions concerning the relative liquidity of these companies can be drawn from these data?