Question
Please find the 2019 and 2020 financial statements of Coca-Cola and PepsiCo in SEC EDGAR. Use the companies financial information to answer the following questions.
Please find the 2019 and 2020 financial statements of Coca-Cola and PepsiCo in SEC EDGAR. Use the companies financial information to answer the following questions.
(a) Which company had the greater percentage increase in total assets from 2019 to 2020?
(b) Using the information in the income statements of these two companies, determine their 3-year average growth rates related to net sales and net income.
(c) Which company had more depreciation and amortization expenses for 2020? Provide a rationale as to why there is a difference in these amounts between the two companies.
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