View the 2016 Annual Reports for the Coca-Cola Company and PepsiCo, Inc. (Download the PDFs of the Annual Form 10-K reports). Link is below:

https://www.coca-colacompany.com/content/dam/journey/us/en/private/fileassets/pdf/investors/2016-AR-10-K.pdf

Please provide your work with the answer.

1. How much cash and cash equivalents does the company report at the end of 2016?

2. What was the change in trade receivables from 2015 to 2016 and how would it affect the net cash provided by operating activities in 2016? (Please note Trade Receivables is not a separate line item on Coca Colas Statement of Cash Flows, but aggregated into Other.)

3. Which types of customers account for a most of the companys accounts receivable? Did bad debt expense increase or decrease from 2015 to 2016? How did you know?

4. What items are subtracted from Gross Revenue to get to Net Operating Revenue?

5. How much inventory does Coca?Cola hold at the end of 2016? Please refer to the Footnotes and provide the amounts of inventory allocation.

6. Estimate the amount of raw material inventory the company purchased during 2016. (Hint: Use the cost of goods sold equation and use the total beginning and ending inventory amounts in your calculations.)

7. What method does the company use to determine the cost of its inventory?

8. Compute the inventory turnover ratio for 2016. What does an inventory turnover ratio tell you?

9. How much did the company spend on property, plant and equipment in fiscal 2016?

10. What is the amount of accumulated depreciation at the end of 2016?