Scenario 48: Financial Ratios - PepsiCo, Inc.

PepsiCo, Inc. has provided the following financial data for the fiscal year ended December 31, 2023:

• Total Assets: $88,563 million
• Total Liabilities: $61,809 million
• Net Income: $9,786 million
• Total Revenue: $83,927 million
• Total Expenses: $74,141 million
• Average Shareholders' Equity: $26,754 million

Calculate the following financial ratios for PepsiCo, Inc.:

a) Return on Assets (ROA) b) Return on Equity (ROE) c) Debt-to-Equity Ratio d) Gross Profit Margin e) Net Profit Margin

Interpret each ratio and discuss the financial performance of PepsiCo, Inc. based on these ratios.