Use Coke and Pepesi's annual report to answer the following questions.

Coke:

http://www.coca-colacompany.com/content/dam/journey/us/en/private/fileassets/pdf/2015/02/2014-annual-report-on-form-10-k.pdf

Pepsi:

http://www.pepsico.com/docs/album/default-document-library/pepsico-2014-annual-report_final.pdf

Questions:

A. What where thr cash and cash equivalents reported by Coca-Cola and Pepsi at the end of 2014? What does each company classfiy as cash equivalents?

B. What were the accounts receivables (net) for Coke and Pepsi at the end of 2014?Which company reports the greater allowance for doubtful accounts (amount and percentage of gross receivable) at the end of 2014?

C. Assuming that all "net operating revenues" (Coke) and all "net revenues" (Pepsi) were not credit sales, compute the accounts receviable turnover for 2014 for Coke and Pepsi, also compute the days outstanding for receivables. What is your eveluation of the differences?