WEB EXERCISE

PepsiCo, near the top of $$ Table $2-5$ in the chapter, is a company that provides comprehensive financial statements. Go to

finance.yahoo.com. In the box search bar, type in its ticker symbol PEP and click enter.

Scroll across from "Summary" to "Financials" and click. This will take you to the "Income Statement." Compute the annual percentage change between the three years for the following:

a$.$ Total revenue.

b$.$ Net income applicable to common shares.

Now click on "Balance Sheet" and compute the annual percentage change between the three years for the following:

a$.$ Total assets

b$.$ Total liabilities

Write a one$-$paragraph summary of how the company is doing.

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