Answer
The most significant variance is affiliated with intangible assets. The Coca-Cola Company has Goodwill, Trademarks, and Other Intangible Assets of about 3,836 million; PepsiCo, Inc., on the other hand, has Intangible Assets and net amortization of 5,440,000,000. PepsiCo, Inc. has larger intangible assets due to the reacquiring of trademarks and franchise rights.
Work Step by Step
Moreover, a significant amount of goodwill is logged in these re-acquisitions, which represent the outstanding purchase price after allocation to all identifiable assets. Furthermore, PepsiCo maintains a higher level of property, plant, and equipment (PPE) (29.1% of assets), while the Coca-Cola company's property, plant, and equipment (PPE) section represents just 19% of its assets.
