Intermediate Accounting 14th Edition

Published by Wiley
ISBN 10: 0470587237
ISBN 13: 978-0-47058-723-2

Chapter 5 - Using Your Judgment - Comparative Analysis Case - Instructions - Page 297: d

Answer

Total assets…………………………........ Annual…………………. Five-Year The Coca-Cola Company …………….14.6% ……………………50.4% PepsiCo, Inc. ……………………….......…10.5% …………………….34.8% Long-term debt The Coca-Cola Company ……....…(54.0%) …………………….38.6% PepsiCo, Inc. ……………………….....….40.8%......................... (20.3%)

Work Step by Step

In long-term debt, the Coca-Cola Company has a deficit while Pepsi takes the deficit within the five years.
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