The Coca-Cola Company and PepsiCo, Inc. Instructions Go to the books companion website and use the information

Question:

The Coca-Cola Company and PepsiCo, Inc.
Instructions
Go to the book’s companion website and use the information found there to answer the following questions related to The Coca-Cola Company and PepsiCo, Inc.
(a) What were the cash and cash equivalents reported by Coca-Cola and PepsiCo at the end of 2009? What does each company classify as cash equivalents?
(b) What were the (net) for Coca-Cola and PepsiCo at the end of 2009? Which company reports the greater allowance for doubtful (amount and percentage of gross receivable) at the end of 2009?
(c) Assuming that all “net operating revenues” (Coca-Cola) and all “net sales” (PepsiCo) were net credit sales, compute the turnover ratio for 2009 for Coca-Cola and PepsiCo; also compute the days outstanding for receivables. What is your evaluation of the difference?

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...