Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

what is the times interest earned ratio for 2017 Consolidated Statement of Income PepsiCo, Inc. and Subsidiaries Fiscal years ended December 27, 2017, December 28,

what is the times interest earned ratio for 2017image text in transcribedimage text in transcribed

Consolidated Statement of Income PepsiCo, Inc. and Subsidiaries Fiscal years ended December 27, 2017, December 28, 2016 and December 29, 2015 (in millions except per share amounts) $ $ 2017 63,525 28,785 34,740 24,231 2016 62,799 $ 28,209 34,590 24,805 2015 63,056 28,731 34,325 24,613 1,359 8,353 (970) +5+) 10,509 (1,151) 244 9,602 4,694 59 Net Revenue Cost of sales Gross profit Selling, general and administrative expenses Venezuela impairment charges Operating Profit Interest expense Interest income and other Income before income taxes Provision for income taxes (See Note 5) Net income Less: Net income attributable to noncontrolling interests Net Income Attributable to PepsiCo Net Income Attributable to PepsiCo per Common Share Basic Diluted Weighted average common shares outstanding Basic Diluted Cash dividends declared per common share 9,785 (1,342) 110 8,553 2,174 6,379 - 4,908 7,442 1,941 5,501 49 5,452 51 50 | $ 4,857 $ 6,329 $ | # 3.40 $ 3.38 $ 4.39 4.36 $ $ 3.71 3.67 # $ 1,425 1,438 3.1675 1,439 1,452 2.96 1,469 1,485 2.7625 $ $ $ Consolidated Statement of Comprehensive Income PepsiCo, Inc. and Subsidiaries Fiscal years ended December 30, 2017, December 31, 2016 and December 26, 2015 (in millions) 2015 2017 4,908 $ 2016 6,379 $ $ 5,501 (2,827) Net income Other comprehensive income/(loss), net of taxes: Net currency translation adjustment Net change on cash flow hedges Net pension and retiree medical adjustments Net change on securities Other (302) 46 (316) (24) 171 1,109 (36) (159) (68) 16 862 5,770 (51) 5,719 Comprehensive income Comprehensive income attributable to noncontrolling interests Comprehensive Income Attributable to PepsiCo See accompanying notes to the consolidated financial statements. (596) 5,783 (54) 5,729 $ - (2,652) 2,849 (47) 2,802 $ $

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accountancy And The Changing Landscape Of Integrated Reporting

Authors: Ioana Dragu

1st Edition

1522536221, 9781522536222

More Books

Students also viewed these Accounting questions

Question

Evaluate criticisms of DSM-5.

Answered: 1 week ago