to asnwer these questions you would go to sec.gov and then click company fillings then type in the tickers KO and PEP. Then go to the 10-k annual report, go to sections at the top and then use the financial statements to answer the questions. (i just want to make sure my answers match)
Active Learning Assignment: Chapter 4 Name: Date: Section: Round all answers to 3 decimal places. Use Coca Cola's Financial Statements to answer questions 1-2 (to ensure you are using the correct financials, confirm CIK: 0000021344: 1. What is the total asset turnover ratio for the year ended Dec. 31. 2020? (Make sure to use an average for total assets) 2. Has Coca Cola improved their use of assets to create sales? How can you tell? Now look at PepsiCo's Financial Statements. (to ensure you are using the correct financials, confirm CIK: 0000077476: 3. Based on the total asset turnover for both companies (for year ended December 28, 2020), which company appears to be using its assets more efficiently 4. Investment in Property, plant and equipment is almost 25% of their total asset balance in 2020. What is the biggest component of that number? Hint: Go to the Notes to Financial Statements for PepsiCo and find the Note for property, plant and equipment Now look at PepsiCo's Financial Statements. (to ensure you are using the correct financials, confirm CIK: 0000077476: 3. Based on the total asset turnover for both companies (for year ended December 28, 2020), which company appears to be using its assets more efficiently? 4. Investment in Property, plant and equipment is almost 25% of their total asset balance in 2020. What is the biggest component of that number? Hint: Go to the Notes to Financial Statements for PepsiCo and find the Note for property, plant and equipment 5. What measurement does PepsiCo use to record property, plant and equipment?(historical cost/fair market value liquation value) 6. On a big picture basis. approximately what proportion of PepsiCo's PP&E assets' useful life has been used up at the end of 2020? 7. Refer to question 8. Compute the same proportion for Coca Cola for 2020. Whose assets are older? 8. Which company paid more as a percentage of their total cash flow generated from operations to acquire property, plant and equipment in 2020? Hint: Specific impacts to cash shows up on what financial statement? Also, Pepsi calls purchase of PP&E capital spending 9. Prepare the adjusting entry for recording PepsiCo's depreciation expense in 2020. Hint: Use Note 15. DO NOT use "Depreciation and amortization from the Consolidated Statement of Cash Flows, Active Learning Assignment: Chapter 4 Name: Date: Section: Round all answers to 3 decimal places. Use Coca Cola's Financial Statements to answer questions 1-2 (to ensure you are using the correct financials, confirm CIK: 0000021344: 1. What is the total asset turnover ratio for the year ended Dec. 31. 2020? (Make sure to use an average for total assets) 2. Has Coca Cola improved their use of assets to create sales? How can you tell? Now look at PepsiCo's Financial Statements. (to ensure you are using the correct financials, confirm CIK: 0000077476: 3. Based on the total asset turnover for both companies (for year ended December 28, 2020), which company appears to be using its assets more efficiently 4. Investment in Property, plant and equipment is almost 25% of their total asset balance in 2020. What is the biggest component of that number? Hint: Go to the Notes to Financial Statements for PepsiCo and find the Note for property, plant and equipment Now look at PepsiCo's Financial Statements. (to ensure you are using the correct financials, confirm CIK: 0000077476: 3. Based on the total asset turnover for both companies (for year ended December 28, 2020), which company appears to be using its assets more efficiently? 4. Investment in Property, plant and equipment is almost 25% of their total asset balance in 2020. What is the biggest component of that number? Hint: Go to the Notes to Financial Statements for PepsiCo and find the Note for property, plant and equipment 5. What measurement does PepsiCo use to record property, plant and equipment?(historical cost/fair market value liquation value) 6. On a big picture basis. approximately what proportion of PepsiCo's PP&E assets' useful life has been used up at the end of 2020? 7. Refer to question 8. Compute the same proportion for Coca Cola for 2020. Whose assets are older? 8. Which company paid more as a percentage of their total cash flow generated from operations to acquire property, plant and equipment in 2020? Hint: Specific impacts to cash shows up on what financial statement? Also, Pepsi calls purchase of PP&E capital spending 9. Prepare the adjusting entry for recording PepsiCo's depreciation expense in 2020. Hint: Use Note 15. DO NOT use "Depreciation and amortization from the Consolidated Statement of Cash Flows