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Suppose Presented below is 2017 information for PepsiCo, Inc. and The Coca-Cola Company. ($ in millions) Net cash provided by operating activities Average current liabilities
Suppose Presented below is 2017 information for PepsiCo, Inc. and The Coca-Cola Company. ($ in millions) Net cash provided by operating activities Average current liabilities Net income Sales revenue Capital expenditures Dividends paid PepsiCo $7,406 9,189 5,552 44,823 2,054 2,821 Coca-Cola $8,341 13,819 7,152 33,432 2,103 3,720 Compute free cash flow for both companies and compare. (Show a negative free cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) PepsiCo Coca-Cola Free cash flow (in millions) "'s free cash flow is greater
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