Homework Answers
INVENTORY TURNOVER RATIO = COST OF GOODS SOLD / AVG. INVENTORY
AVERAGE DAYS IN INVENTORY = 365/ INVENTORY TURNOVER RATIO
COMPUTATION OF INVENTORY TURN OVER RATIO OF COCA COLA
|
Particulars |
2018 |
2017 |
|
Cost of goods sold |
$11770 |
$13255 |
|
Average Inventory |
$2710.5 |
$2665 |
|
Inventory turnover ratio |
4.3424 |
4.9737 |
COMPUTATION OF AVERAGE DAYS IN INVENTORY OF COCA COLA
|
Particulars |
2018 |
2019 |
|
No of days |
365 |
365 |
|
Inventory turnover ratio |
4.3424 |
4.9737 |
|
Average days in Inventory |
84.0549 |
73.3860 |
COMPUTATION OF INVENTORY TURN OVER RATIO OF PEPSICO
|
Particulars |
2018 |
2017 |
|
Cost of goods sold |
$29381 |
$28796 |
|
Average Inventory |
$3037.5 |
$2835 |
|
Inventory turnover ratio |
9.6727 |
10.1573 |
COMPUTATION OF AVERAGE DAYS IN INVENTORY OF PEPSICO
|
Particulars |
2018 |
2019 |
|
No of days |
365 |
365 |
|
Inventory turnover ratio |
9.6727 |
10.1573 |
|
Average days in Inventory |
37.7350 |
35.9347 |
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Review the most recent annual reports of The Coca-Cola Company and PepsiCo focusing on the balance...
Coca-Cola and PepsiCo are two of the largest and most successful beverage companies in the world in terms of the pr...
Coca-Cola and PepsiCo are two of the largest and most successful beverage companies in the world in terms of the products that they sell and their receivables management practices. To evaluate their ability to collect on credit sales, consider the following rounded amounts reported in their annual reports (amounts in millions). Coca-Cola Fiscal Year Ended: 2015 2014 2013 Net Sales $44,300 $46,000 $46,800 Accounts Receivable 4,290 4800 4,930 Allowance for Doubtful Accounts 350 330 60 Accounts Receivable, Net of Allowance...
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Expand Your Critical Thinking 9-3 The Coca-Cola Company and PepsiCo, Inc. provide refreshments to every corner of the world. Suppose selected data from recent consolidated financial statements for The Coca-Cola Company and for PepsiCo, Inc. are presented here (in millions). Total current assets Total current liabilities Net sales Cost of goods sold Net income Average (net) accounts receivable for the year Average inventories for the year Average total assets Average common stockholders' equity Average current liabilities Average total liabilities Total...
The Coca-Cola Company and PepsiCo, Inc. provide refreshments to every corner of the world. Suppose selected...
The Coca-Cola Company and PepsiCo,
Inc. provide refreshments to every corner of the world.
Suppose selected data from recent consolidated financial statements
for The Coca-Cola Company and for PepsiCo, Inc. are presented here
(in millions).
Coca-Cola
PepsiCo
Total current assets
$17,551
$12,571
Total current liabilities
13,721
8,756
Net sales
30,990
43,232
Cost of goods sold
11,088
20,099
Net income
6,824
5,946
Average (net) accounts receivable for the year
3,424
4,654
Average inventories for the year
2,271
2,570
Average total assets...
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Expand Your Critical Thinking 9-3 (Part Level
Submission)
The Coca-Cola Company and PepsiCo,
Inc. provide refreshments to every corner of the world.
Suppose selected data from recent consolidated financial statements
for The Coca-Cola Company and for PepsiCo, Inc. are presented here
(in millions).
Coca-Cola
PepsiCo
Total current assets
$17,551
$12,571
Total current liabilities
13,721
8,756
Net sales
30,990
43,232
Cost of goods sold
11,088
20,099
Net income
6,824
5,946
Average (net) accounts receivable for the year
3,424
4,654
Average inventories...
Kimmel, Accounting, 7e Help System Announcements Expand Your Critical Thinking 13-04 The Coca-Cola Company and PepsiCo,...
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The Coca Cola Company hardly needs an introduction A line taken from the cover of a recent annual...
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Coca-Cola and PepsiCo are two of the largest and most successful beverage companies in the world in terms of the products that they sell and their receivables management practices. To evaluate their ability to collect on credit sales, consider the following rounded amounts reported in their annual reports (amounts in millions). Coca-Cola Fiscal Year Ended: 2015 2014 2013 Net Sales $44,300 $46,000 $46,800 Accounts Receivable 4,290 4800 4,930 Allowance for Doubtful Accounts 350 330 60 Accounts Receivable, Net of Allowance...
Expand Your Critical Thinking 9-3 The Coca-Cola Company and PepsiCo, Inc. provide refreshments to every corner of the world. Suppose selected data from recent consolidated financial statements for The Coca-Cola Company and for PepsiCo, Inc. are presented here (in millions). Total current assets Total current liabilities Net sales Cost of goods sold Net income Average (net) accounts receivable for the year Average inventories for the year Average total assets Average common stockholders' equity Average current liabilities Average total liabilities Total...
The Coca-Cola Company and PepsiCo,
Inc. provide refreshments to every corner of the world.
Suppose selected data from recent consolidated financial statements
for The Coca-Cola Company and for PepsiCo, Inc. are presented here
(in millions).
Coca-Cola
PepsiCo
Total current assets
$17,551
$12,571
Total current liabilities
13,721
8,756
Net sales
30,990
43,232
Cost of goods sold
11,088
20,099
Net income
6,824
5,946
Average (net) accounts receivable for the year
3,424
4,654
Average inventories for the year
2,271
2,570
Average total assets...
Expand Your Critical Thinking 9-3 (Part Level
Submission)
The Coca-Cola Company and PepsiCo,
Inc. provide refreshments to every corner of the world.
Suppose selected data from recent consolidated financial statements
for The Coca-Cola Company and for PepsiCo, Inc. are presented here
(in millions).
Coca-Cola
PepsiCo
Total current assets
$17,551
$12,571
Total current liabilities
13,721
8,756
Net sales
30,990
43,232
Cost of goods sold
11,088
20,099
Net income
6,824
5,946
Average (net) accounts receivable for the year
3,424
4,654
Average inventories...
Kimmel, Accounting, 7e Help System Announcements Expand Your Critical Thinking 13-04 The Coca-Cola Company and PepsiCo, Inc. provide refreshments to every corner of the worl IP itical itical 13-01 13-02 13-04 13-05 13-06 13-07 Coca-Cola PepsiCo $16,451 $11,771 12,921 8,256 29,090 40,632 10,388 18,899 6,424 5,546 3,224 4,354 2,171 2,370 35,621 13,656 12,555 8,272 20,660 22,066 45,771 37,448 22,472 21,644 1,920 2,000 335373 7,686 6,396 1,873 2,028 Total current assets Total current liabilities Net sales Cost of goods sold Net...
Comparative Analysis Case The Coca-Cola Company and PepsiCo., Inc. Instructions Go to the book's companion website and use information found there to answer the following questions related to The Coca-Cola Company and PepsiCo, Inc. a) What amount is reported in the balance sheets as property, plant, and equipment (net) of Coca-Cola at December 31, 2011, and of PepsiCo at December 31, 2011? What percentage of total assets is invested in property, plant, and equipment by each company? (b) What depreciation...
The Coca Cola Company hardly needs an introduction A line taken from the cover of a recent annual report says t all if you measured time in servings of Coca-Cola "a biltion Coca-Cola's apo was yesterday morning" On average bottlers. These bottlers then sell the finished bottles and cans of Coca Cola to the consumer every U.S. citizen drinks 363 8-ounce servings of Coca-Cola products each year. Coca Colas primary line of business is the making and selling of syrup...
Comparative Analysis Case The Coca-Cola Company and PepsiCo, Inc. The financial statements of Coca-Cola and PepsiCo are presented in Appendices C and D, respectively. The companies' complete annual reports, including the notes to the financial statements, are available online. Instructions Use the companies' financial information to answer the following questions. a. What kind of pension plans do Coca-Cola and PepsiCo provide their employees? b. What net periodic pension expense (cost) did Coca-Cola and PepsiCo report in 2017? c. What is...
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