low for both ompani and compare. (Show a r
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Subject: acounting

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Suppose Presented below is 2022 information for for PepsiCo, Inc. and The Coca-Cola Company.
($ in millions)
Net cash provided by operating activities
Average current liabilities
Net income
Sales revenue
Capital expenditures
Dividends paid
PepsiCo
$7,296
7,906
5,581
40,232
2,112
2,605
Free cash flow (in millions)
PepsiCo
Coca-Cola
$7,893
13,159
6,858
28,244
Compute free cash flow for both companies and compare. (Show a negative free cash flow with either a-sign e.g. -15,000 or in pare
eg. (15,000).)
v's free cash flow is greater.
1,800
3,928
Coca-Cola
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