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Suppose Presented below is 2022 information for for PepsiCo, Inc. and The Coca-Cola Company . ($ in millions) PepsiCo Coca-Cola Net cash provided by operating
Suppose Presented below is 2022 information for for PepsiCo, Inc. and The Coca-Cola Company.
($ in millions) | PepsiCo | Coca-Cola | ||
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Net cash provided by operating activities | $6,979 | $8,387 | ||
Average current liabilities | 9,148 | 13,689 | ||
Net income | 6,342 | 7,014 | ||
Sales revenue | 38,931 | 32,973 | ||
Capital expenditures | 2,288 | 1,937 | ||
Dividends paid | 2,933 | 3,981 |
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).)
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