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Presented below are the financial details for PepsiCo Inc. for the year ended December 31, 2023: Income Statement: Net Sales: $2,400,000 Cost of Sales: $1,600,000
Presented below are the financial details for PepsiCo Inc. for the year ended December 31, 2023:
Income Statement:
Net Sales: $2,400,000
Cost of Sales: $1,600,000
Operating Expenses: $700,000
Income Tax: $70,000
Net Income: $30,000
Balance Sheet:
Cash: $240,000
Receivables: $350,000
Inventory: $400,000
Property and Equipment: $800,000
Current Liabilities: $400,000
Long-term Debt: $450,000
Equity: $940,000
Compute the gross profit margin.
Calculate the return on assets (ROA).
Determine the quick ratio.
Find the return on equity (ROE).
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