1.What were the cash and cash equivalents reported by Coca-Cola and PepsiCo at t
ID: 2479602 • Letter: 1
Question
1.What were the cash and cash equivalents reported by Coca-Cola and PepsiCo at the end of 2013? What does each company classify as cash equivalents?
2. What were the accounts receivable (net) for Coca-Cola and PepsiCo at the end of 2013? Which company reported the greater allowance for doubtful accounts receivable (amount and percentage of gross receivable) at the end of 2013?
3. What is the amount of inventory reported by Coca-Cola at December 31, 2013, and by PepsiCo at December 28, 2013? What percent of total assets does each company invest in inventory?
Explanation / Answer
USD $ millions Coca Cola Pepsi Co. Ans 1 2013 5-Jul Cash and Cash Equivalents 10414 9375 (Currency in hand,deposit with bank. All kind of accounts that have charaterstics of demand deposits in which funds can be added and withdrawn anytime.Compensating balances arrangements that do not restrict legally the withdrawal of cash amount- same for both company Ans 2 Trade Accounts receivable (net) 4873 6954 Trade Accounts receivable (Gross) 4934 7099 Allowance for Doubtful debts 61 145 Allowance as % of Gross trade account receivable 1.24% 2.04% Pepsi co reported greater allowance for doubtful debts in terms of amount and % Ans 3 Inventory 3277 3409 Total assets 90055 77478 % of Inventory in Total assets 3.64 4.40
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.