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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 activities
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 $6,235 $7,415 Average current liabilities 8,042 13,542 Net income 6,376 6,973 Sales revenue 46,124 29,225 Capital expenditures 2,067 2,017 Dividends paid 2,744 3,463 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 eg. (15,000).) PepsiCo Coca-Cola Free cash flow (in millions) $ $ The Coca-Cola Company's free cash flow is greater
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