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low for both ompani and compare. (Show a r

low for both ompani and compare. (Show a r

FINANCIAL ACCOUNTING
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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Subject: acounting 

icles Current Attempt in Progress 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 $7,893 13,159 6,858 28,244 Compute free cash flow for both companies and compare. (Show a negative free cash flow with either a-sign e.g. -15,000 or in pare eg. (15,000).) v's free cash flow is greater. 1,800 3,928 Coca-Cola
Transcribed Image Text:icles Current Attempt in Progress Suppose Presented below is 2022 information for for PepsiCo, Inc. and The Coca-Cola Company. ($ 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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