The Coca-Cola Company and PepsiCo, Inc. provide refreshments to every corner of the world. Selected data from hypothetical consolidated financial statements for The Coca-Cola Company and for PepsiCo, Inc. are presented here (in millions). Coca-Cola PepsiCo Total current assets $27.7420 $14.250 Total current liabilities 13.871 8.906 Net sales 31,094 45.158 Cost of goods sold 11,136.6 21.216 Net income 6,321 5,283 Average (net) accounts receivable for the year 3.574 4,804 Average inventories for the year 2,421 2.720 Average total assets 44,745 38.071 Average common stockholders' equity 22,786 14,706 Average current liabilities 13,505 8.922 Average total liabilities 22.110 23.616 Total assets 48.821 39.998 Total liabilities 20,505 23,999 Income taxes 2.190 2.250 Interest expense 505 547 Net cash provided by operating activities 8,336 6.946 Capital expenditures 2.143 2,278 Cash dividends 3,950 2,882 (21) Compute the following liquidity ratios for the two competitors. (Round current ratio to 2 decimal places, eg, 6.25 and all other answers to 1 decimal place, e.g. 15.1.) Coca-Cola PepsiCo Current ratio : 1 : 1 ) 2) 3) times times days days Accounts receivable turnover Average collection period Inventory turnover Days in inventory times times (5) days days eTextbook and Media (21) Compute the following liquidity ratios for the two competitors. (Round current ratio to 2 decimal places, eg. 6.25 and all other answers to 1 decimal place, eg. 15.1.) Coca-Cola PepsiCo (1) Current ratio :1 (2) Accounts receivable turnover times times (3) days days (4) Average collection period Inventory turnover Days in inventory times times (5) days days eTextbook and Media Attempts: 0 of 3 used Submit Answer Save for Later Using multiple attempts will impact your score. 50% score reduction after attempt 2 Question Part Score --/10 (61) The parts of this question must be completed in order. This part will be available when you complete the part above. Question Part Score --/6 (c1) The parts of this question must be completed in order. This part will be available when you complete the part above. Question Part Score --/8