These questions are based on the 10-K for the year ended December 31, 2016 for P
ID: 2610463 • Letter: T
Question
These questions are based on the 10-K for the year ended December 31, 2016 for PepsiCo, Inc. You can obtain Pepsi’s financial statements from the firm’s corporate web site at http://www.pepsico.com/Investors.html or from the SEC’s Edgar company filings site at https://www.sec.gov/edgar/searchedgar/companysearch.html. Unless otherwise indicated, all questions relate to the annual financial results.
How much is the current maturity of Pepsi’s long-term debt that was included as a current liability?
Compute the average interest rate for Pepsi’s debt. You can do this by dividing interest expense by the average balance sheet amount for debt incurring interest (so exclude items such as current liabilities and deferred taxes).
Explanation / Answer
current maturity of Pepsi’s long-term debt = 4401
2016 2015 Total long term debt obligations 30053 29213 Average debt 59266 Interest expense 1342 Average interest rate 2.26%Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.