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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

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. (a1) 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 0 decimal places, e.g. 12%. and times interest earned ratio to 1 decimal place, 15.2.)

Coca-Cola Company PepsiCo, Inc.

Debt to asset ratio: ?% ?%

Times interest earned ratio: ? times ? times

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