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What percentage of authorized shares was issued by

1. PepsiCo, Inc.'s financial statements are presented in Appendix A. Financial statements of The Coca-Cola Company are presented in Appendix B.

Instructions

(a) What is the par or stated value of Coca-Cola's and PepsiCo's common of capital, stock?

(b) What percentage of authorized shares was issued by Coca-Cola at December 31, 2007, and by PepsiCo at December 29, 2007?

(d) How many Coca-Cola common shares are outstanding at December 31, 2007? How many PepsiCo shares of capital stock are outstanding at December 29, 2007?

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Accounting Basics: What percentage of authorized shares was issued by

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