Current Year Previous Year (in millions) (in millions) Cash and cash equivalents $19,993 $10,174 Short-term investments, at cost 6,551 3,180 Accounts and notes receivable, net 7,100 7,282 Inventories 3,622 3,608 Prepaid expenses and other current assets 1,632 1,797 Short-term obligations 7,290 3,994 Accounts payable 15,065 13,252 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your ansvwers in the question Open spreadsheet a. Determine the (1) current ratio and (2) quick ratio for both years. Round your answers to one decimal place. Current Year Previous Year

Current Year Previous Year (in millions) (in millions) Cash and cash equivalents $19,993 $10,174 Short-term investments, at cost 6,551 3,180 Accounts and notes receivable, net 7,100 7,282 Inventories 3,622 3,608 Prepaid expenses and other current assets 1,632 1,797 Short-term obligations 7,290 3,994 Accounts payable 15,065 13,252 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your ansvwers in the question Open spreadsheet a. Determine the (1) current ratio and (2) quick ratio for both years. Round your answers to one decimal place. Current Year Previous Year

Name: . Pepsico, Inc. (PEP), the parent company of Frito-Lay snack foods and
Uploaded: 2022-11-18T00:26:54.000Z
Channel: Bartleby
Description: . Pepsico, Inc. (PEP), the parent company of Frito-Lay snack foods and Pepsi beverages, had the following current assets and current liabilities at the end of two rCurrent Year Previous Year(in millions)(in millions)Cash and cash equivalents$19,993$1

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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