You will conduct a financial analysis of the Coca-Cola Company and PepsiCo.

Include a comparison of three accounting methods (i.e., receivables, depreciation, and inventory valuation), which should be one page in length (formatted as a table)

Provide four ratio calculations (i.e., one ratio each for liquidity, solvency, profitability, and market) as well as an analysis.

Year Ended December 31, 2018 2017 2016 2015 2014 (In millions except per share data) SUMMARY OF OPERATIONS Net operating revenues $ 31,856 $ 35,410 $ 41,863 $44.294 $ 45,998 Net income from continuing operations 6,727 1,182 6,550 7,366 7,124 Net income attributable to shareowners of The Coca-Cola Company 6,434 1,248 6,527 7,351 7,098 PER SHARE DATA Basic net income from continuing operations! $ 1.58 $ 0.28 $ 1.51 $ 1.69 $ 1.62 Basic net income 1.51 0.29 1.51 1.69 1.62 Diluted net income from continuing operations! 1.57 1.49 1.67 1.60 Diluted net income 1.50 0.29 1.49 1.67 1.60 Cash dividends 1.56 1.48 1.40 1.32 1.22 BALANCE SHEET DATA Total assets $ 83,216 $ 87,896 $ 87,270 $ 89,996 $ 91,968 Long-term debt 25,364 31,182 29,684 28,311 19,010 Calculated based on net income from continuing operations less net income from continuing operations attributable to noncontrolling interests. 0.27 2018 2017 %Chg 29 PepsiCo, Inc. and Subsidiaries un millions except per share data: all per share amounts assume dilution) Summary of operations Net revenue Core total operating profit Reported earnings per share Core earnings per share attributable to PepsiCo Free cash flow, excluding certain items Capital spending Common share repurchases Dividends paid $64,661 $10,620 $ 8.78 $ 5.66 $ 7,631 $63,525 $10,490 $ 3.38 $ 5.23 $ 7329 1% 160% 8% 4% $ 2.969 11% $ 3,282 $ 2,000 $ 4,930 % $ 2,000 $ 4,472 10% to For the transition period from Commission File Number 001-02217 The Coca-Cola Company (Exact name of Registrant as specified in its charter) Delaware 58-0628465 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) One Coca-Cola Plaza, Atlanta, Georgia 30313 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (404) 676-2121 Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Common Stock, $0.25 Par Value New York Stock Exchange Floating Rate Notes Due 2019 New York Stock Exchange Floating Rate Notes Due 2019 New York Stock Exchange 0.000% Notes Due 2021 New York Stock Exchange 1.125% Notes Due 2022 New York Stock Exchange 0.75% Notes Due 2023 New York Stock Exchange 0.500% Notes Due 2024 New York Stock Exchange 1.875% Notes Due 2026 New York Stock Exchange 1.125% Notes Due 2027 New York Stock Exchange 1.625% Notes Due 2035 New York Stock Exchange 1.100% Notes Due 2036 New York Stock Exchange pasi QUAKER PEPSICO lays Tropicana G PepsiCo, Inc. (Exact Name of Registrant as Specified in Its Charter) North Carolina 13-1584302 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 700 Anderson Hill Road, Purchase, New York 10577 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: 914-253-2000 Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934: Title of each class Name of each exchange on which registered Common Stock, par value 1-2/3 cents per share The Nasdaq Stock Market LLC 2.500% Senior Notes Due 2022 The Nasdaq Stock Market LLC 1.750% Senior Notes Due 2021 The Nasdaq Stock Market LLC 2.625% Senior Notes Due 2026 The Nasdaq Stock Market LLC 0.875% Senior Notes Due 2028 The Nasdaq Stock Market LLC Year Ended December 31, 2018 2017 2016 2015 2014 (In millions except per share data) SUMMARY OF OPERATIONS Net operating revenues $ 31,856 $ 35,410 $ 41,863 $44.294 $ 45,998 Net income from continuing operations 6,727 1,182 6,550 7,366 7,124 Net income attributable to shareowners of The Coca-Cola Company 6,434 1,248 6,527 7,351 7,098 PER SHARE DATA Basic net income from continuing operations! $ 1.58 $ 0.28 $ 1.51 $ 1.69 $ 1.62 Basic net income 1.51 0.29 1.51 1.69 1.62 Diluted net income from continuing operations! 1.57 1.49 1.67 1.60 Diluted net income 1.50 0.29 1.49 1.67 1.60 Cash dividends 1.56 1.48 1.40 1.32 1.22 BALANCE SHEET DATA Total assets $ 83,216 $ 87,896 $ 87,270 $ 89,996 $ 91,968 Long-term debt 25,364 31,182 29,684 28,311 19,010 Calculated based on net income from continuing operations less net income from continuing operations attributable to noncontrolling interests. 0.27 2018 2017 %Chg 29 PepsiCo, Inc. and Subsidiaries un millions except per share data: all per share amounts assume dilution) Summary of operations Net revenue Core total operating profit Reported earnings per share Core earnings per share attributable to PepsiCo Free cash flow, excluding certain items Capital spending Common share repurchases Dividends paid $64,661 $10,620 $ 8.78 $ 5.66 $ 7,631 $63,525 $10,490 $ 3.38 $ 5.23 $ 7329 1% 160% 8% 4% $ 2.969 11% $ 3,282 $ 2,000 $ 4,930 % $ 2,000 $ 4,472 10% to For the transition period from Commission File Number 001-02217 The Coca-Cola Company (Exact name of Registrant as specified in its charter) Delaware 58-0628465 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) One Coca-Cola Plaza, Atlanta, Georgia 30313 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (404) 676-2121 Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Common Stock, $0.25 Par Value New York Stock Exchange Floating Rate Notes Due 2019 New York Stock Exchange Floating Rate Notes Due 2019 New York Stock Exchange 0.000% Notes Due 2021 New York Stock Exchange 1.125% Notes Due 2022 New York Stock Exchange 0.75% Notes Due 2023 New York Stock Exchange 0.500% Notes Due 2024 New York Stock Exchange 1.875% Notes Due 2026 New York Stock Exchange 1.125% Notes Due 2027 New York Stock Exchange 1.625% Notes Due 2035 New York Stock Exchange 1.100% Notes Due 2036 New York Stock Exchange pasi QUAKER PEPSICO lays Tropicana G PepsiCo, Inc. (Exact Name of Registrant as Specified in Its Charter) North Carolina 13-1584302 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 700 Anderson Hill Road, Purchase, New York 10577 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: 914-253-2000 Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934: Title of each class Name of each exchange on which registered Common Stock, par value 1-2/3 cents per share The Nasdaq Stock Market LLC 2.500% Senior Notes Due 2022 The Nasdaq Stock Market LLC 1.750% Senior Notes Due 2021 The Nasdaq Stock Market LLC 2.625% Senior Notes Due 2026 The Nasdaq Stock Market LLC 0.875% Senior Notes Due 2028 The Nasdaq Stock Market LLC