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The financial statements of Coca-Cola is presented online The financial statements of PepsiCo is presented online The companies complete annual reports, including the notes to

The financial statements of Coca-Cola is presented online

The financial statements of PepsiCo is presented online

The companies complete annual reports, including the notes to the financial statements, are available online. Use the companies financial information to answer the following questions.

a. What does each company classify as cash equivalents?

b. What is your evaluation of the difference between the accounts receivable turnover and the days outstanding for receivables for 2017 for Coca-Cola and PepsiCo?

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