The following are quarterly earnings and assets for Coca-Cola and PepsiCo (in millions of dollars) from 2002
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The following are quarterly earnings and assets for Coca-Cola and PepsiCo
(in millions of dollars) from 2002 financial reports, including restated figures for 2001 (for PepsiCo):
a. A onetime cummultive accounting change dropped this to −125.
b. Because PepsiCo did not report quarterly assets when it restated its financials, these assets could not be found.
If it is now July 2002, what would be good comparable earnings and comparable assets for these two firms?
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