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Required information Skip to question Benchmark Assignment - Coca-Cola Co. & Pepsico Inc. You will need to use the data below from the two companies
Required information Skip to question Benchmark Assignment - Coca-Cola Co. & Pepsico Inc. You will need to use the data below from the two companies to calculate problems and answer the following questions. Note: Round your answer to 2 decimal places. Coca-Cola Co. (in millions) Pepsico Inc. (in millions) Net Revenue (Sales) $38,655 $79,474 Net Income $9,771 $7,618 Current Assets $22,545 $21,783 Current Liabilities $19,950 $26,220 Cash & Cash Equivalents $12,625 $5,988 Accounts (Trade) Receivables $3,512 $8,680 Total Assets (12/31/21) $94,354 $92,377 Total Assets (12/31/20) $87,296 $92,918 Total Liabilities (12/31/21) $69,494 $76,226 Stockholders Equity (12/31/21) $23,000 $16,043 Stockholders Equity (12/31/20) $19,300 $13,454 In 100-150 words, based on your calculations in (a) and (b), contrast and compare each companys overall leverage position in relation to each other and to the industry. Assume the following industry averages: Debt ratio = .51; Debt to Equity ratio = 1.02. Also, explain why a higher leverage ratio would be considered a risk to stockholders and creditors
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