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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

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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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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