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 is the amount of inventory reported by Coca-Cola at the end of 2015? What percent of total assets does each company invest in inventory? What inventory costing methods do Coca-Cola and PepsiCo use? How does each company value its inventories? Compute and compare the inventory turnover ratios and days to sell inventory for Coca-Cola and PepsiCo for 2015. Indicate why there might be a significant difference between the two companies. What amount is reported in the balance sheets as property, plant, and equipment (net) of Coca-Cola at the end of 2015? What percentage of total assets does each company invest in property, plant, and equipment? What depreciation methods do Coca-Cola and PepsiCo use for property, plant, and equipment? How much depreciation did Coca-Cola and PepsiCo report in 2015, 2014, and 2013? Compute and compare the following ratios for Coca-Cola and PepsiCo for 2015: Asset turnover, Profit margin on sales, and Rate of return on assets. 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.