The financial statements of Coca-Cola and PepsiCo are presented in Appendices C and D, respectively. The companies complete annual reports, including the notes to the financial statements, are available online. Click here to view Appendix C Click here to view Appendix D Use the companies financial information to answer the following questions.

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How much working capital do each of these companies have at the end of 2017? (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

		PepsiCo, Inc.		Coca-Cola Company
Working capital		$ million		$ million

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Compute each companys (a) current cash debt coverage, (b) cash debt coverage, (c) current ratio, (d) acid-test ratio, (e) accounts receivable turnover, and (f) inventory turnover for 2017. (Round answers to 2 decimal places, e.g. 52.75.)

		PepsiCo, Inc.		Coca-Cola Company
Current cash debt coverage
Cash debt coverage
Current ratio
Acid-test ratio
Accounts receivable turnover
Inventory turnover

$ 6,006 9,352 15,358 $ 8,555 9:595 18,150 4,051 3,856 2,675 2,481 2,797 ASSETS CURRENT ASSETS Cash and cash equivalents Short-term investments TOTAL CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS Marketable securities Trade accounts receivable, less allowances of $477 and $466, respectively Inventories Prepaid expenses and other assets Assets held for sale Assets held for sale - discontinued operations TOTAL CURRENT ASSETS EQUITY METHOD INVESTMENTS OTHER INVESTMENTS OTHER ASSETS PROPERTY, PLANT AND EQUIPMENT - net TRADEMARKS WITH INDEFINITE LIVES BOTTLERS' FRANCHISE RIGHTS WITH INDEFINITE LIVES GOODWILL OTHER INTANGIBLE ASSETS TOTAL ASSETS LIABILITIES AND EQUITY CURRENT LIABILITIES Accounts payable and accrued expenses Loans and notes payable Current maturities of long-term debt Accrued income taxes Liabilities held for sale Liabilities held for sale - discontinued operations TOTAL CURRENT LIABILITIES 5,317 3,667 2,655 2,000 219 7,329 36,545 20,856 1,096 4,560 8,203 6,729 138 9,401 368 $ 87,896 34,010 16,260 989 4.248 10,635 6,097 3,676 10,629 726 $ 87,270 $ $ 8,748 13,205 3,298 9,490 12,498 3,527 307 710 410 37 1,496 27,194 26,532 $ 10,610 $ 8,900 7,024 2,947 1,546 ASSETS Current Assets Cash and cash equivalents Short-term investments Accounts and notes receivable, net Inventories Prepaid expenses and other current assets Total Current Assets Property, Plant and Equipment, net Amortizable Intangible Assets, net Goodwill Other nonamortizable intangible assets Nonamortizable Intangible Assets Investments in Noncontrolled Affiliates Other Assets 31,027 17,240 1,268 14,744 12,570 9,158 6,967 6,694 2,723 908 26,450 16,591 1,237 14,430 12,196 26,626 1,950 636 73,490 27,314 2,042 913 79,804 $ Total Assets $ $ LIABILITIES AND EQUITY Current Liabilities Short-term debt obligations Accounts payable and other current liabilities Total Current Liabilities Long-Term Debt Obligations Other Liabilities Deferred Income Taxes Total Liabilities Commitments and contingencies Preferred Stock, no par value Repurchased Preferred Stock DoncicCommon ghanobondong awit 5,485 $ 15,017 20,502 33,796 11,283 3,242 68,823 6,892 14,243 21,135 30,053 6,669 4,434 62,291 41 (197) 41 (192)