Problem: Accounting for Managers
Length: 300-400 words.
Explore the web and download a copy of the 2007 annual reports for both PepsiCo, Inc. and The Coca-Cola Company. Based on the information contained in these financial statements, determine each of the following for PepsiCo. At December 29, 2007 and for Coca-Cola at December 31, 2007:
· Total current assets
· Net amount of property, plant and equipment
· Total current liabilities
· Total non-current liabilities
· Accounts receivable, net
· Total stockholder's equity (Shareholder's equity)
· What conclusions concerning the companies respective financial position can be drawn?
· Based on your analysis of the above items, which company would you feel more confident investing in? Explain your answer.