Question
Suppose Presented below is 2017 information for PepsiCo, Inc. and The Coca-Cola Company. ($ in millions) Pepsico Coca-Cola Net cash provided by operating activities
Suppose Presented below is 2017 information for PepsiCo, Inc. and The Coca-Cola Company. ($ in millions) Pepsico Coca-Cola Net cash provided by operating activities $6,698 $8,107 Average current liabilities 8,500 12,342 Net income 6,003 7,416 Sales revenue 40,324 31,645 Capital expenditures 2,335 1,845 Dividends paid 2,597 3,845 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) $4 $ * 's free cash flow is greater.
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
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978-0-538-4527, 0-538-45274-9, 978-1133161646
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