The financial statements of Coca$-$Cola and PepsiCo are presented in Appendices C and D$,$ respectively. The companies' complete annual reports,

teas and coffees, and energy and sports drinks, Finished beverage products bearing Coca$-$Cola trademarks, sold in the United States since $1886,$ are now available in more than $200$ countries.

The following are Coca$-$Cola's financial statements as presented in its $202010-$K report. The complete report, including notes to the financial statements, is available at the company's website.

THE COCA$-$COLA COMPANY AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME

$($In millions except per share data$)$

Year Ended December $31,$

$($In millions except p

Net Operating Revenues

$2020$

$\backslash$table$[[,,2018],[$$$33,014,$$$37,266,$$$34,300$ including the notes to the financial statements, are available online.

Clickhere to view Appendix C

Click here to view Appendix D

$($a$1)$ Use the companies' financial information and compute the debt to assets and the times interest earned ratios for these two companies. $($Round debt to asset ratio to $1$ decimal place, eg$.12\mathrm{.}1\%.$ and times interest earned ratio to $2$ decimal places, $15\mathrm{.}20.)$

Coca$-$Cola Company

Debt to asset ratio

Times interest earned ratio

$\%$

times

PepsiCo, Inc

$\%$

times

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