Please answer Q1,Q2,Q3 and
Q4- PepsiCo is primarly financed with ( liabilities/stockholders equity. How can you tell ?
BALANCE SHEET Understand the information provided by the balance Adentify asset, liability, and stockholders' balance sheet. Understand the accounting equation. sheet ACTIVITY 3 equity accounts reported on the . n millions) PEPSICO (PEP) 12/25/2010 BALANCE SHEET (S in million LIABILITIES 5,943 Accounts payable $ 3,865 4,898 7,129 19,999 11,098 Cash and cash equivalents 426 Short-term debt Short-term investments Accounts receivable, net Inventories Other current assets Property, plant, and equipment,net 23 Other current liabilities 3,372 Long-term debt 1,505 Other noncurrent liabilities 1 19,058 4,661 STOCKHOLDERS' EQUITY 1 13,808 Contributed capital 1,368 Retained earnings Goodwill 4,449 37,090 Other intangible assets Long-term investments Other noncurrent assets 1.689 Treasury stock and other equity (20,375) $68,153 Total Assets S68,153 Total L& SE The balance sheet reports assets and the amount of financing from liabilities and stockholders' equity as of a certain date. This relationship is summarized by the accounting equation which is: Assets-Liabilities + Stockholders' Equity Assets are items of value that a corporation owns or has a right to use. Typical asset accounts include cash, accounts receivable, inventory, equipment, buildings, and land. Accounts receivable are amounts to be received in the future from customers uabilities are amounts owed to creditors; the amount of debt owed to third parties. Typical liability accounts include accounts payable, wages payable, notes payable, and bonds payable. The key word amounts to be paid in the future to suppliers. Stockholders' Equity is the portion of assets the owners own free and clear. Stockholders' equity may also be referred to as shareholders' equity or owners' equity. Typical stockholders' equity accounts include: Contributed Copital-Amounts paid-in (contributed) by stockholders to purchase common stock and preferred stock. Retained Earnings-Net income earned by the company since its incorporation and not yet distributed as dividends. identify the accounting equation amounts for PepsiCo Corporation using the information above. Assets $ million Liabilities million Assets can either be financed with a1 s milion+Stockholders' Equity $ 02 million 3 Will the accounting equation hold true for every corporation? (Yes / No / Can't tell) or Why? Stock market symbols are shown in parentheses