PepsiCo, Inc.’s fi nancial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented in Appendix C. The complete annual reports of PepsiCo and Coca-Cola, including the notes to the fi nancial statements, are available at each company’s respective website.
Instructions
a. Based on the information contained in these financial statements, determine the following for each company.
1. Total assets at December 26, 2015, for PepsiCo and for Coca-Cola at December 31, 2015.
2. Accounts (notes) receivable, net at December 26, 2015, for PepsiCo and at December 31, 2015, for Coca Cola.
3. Net revenues for year ended in 2015.
4. Net income for year ended in 2015.
b. What conclusions concerning the two companies can be drawn from these data?