The financial statements of PepsiCo, Inc. are presented in Appendix A.
Instructions
Refer to PepsiCo's financial statements and answer the following questions.
(a) What amount did PepsiCo declare in dividends on common stock in the year ended
December 29, 2007?
(b) How does this amount compare with dividends declared on common stock in the year ended December 30, 2006?