Question
View the 2015 Annual Reports for the Coca-Cola Company and PepsiCo, Inc. (Download the PDFs of the Annual Form 10-K reports). Using these reports, answer
View the 2015 Annual Reports for the Coca-Cola Company and PepsiCo, Inc. (Download the PDFs of the Annual Form 10-K reports). Using these reports, answer the following questions:
What amounts for intangible assets did Coca-Cola and PepsiCo report in their respective balance sheets? What percentage of total assets is each of these reported amounts?
On what basis and over what periods of time did Coca-Cola and PepsiCo amortize their intangible assets?
What were Coca-Colas and PepsiCos net revenues (sales) for the year 2015? Which company increased its revenues more (dollars and percentage) from 2014 to 2015?
Are the revenue recognition policies of Coca-Cola and PepsiCo similar? Explain.
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