The Coca-Cola Company and PepsiCo, Inc.The financial statements of Coca-Cola and PepsiCo are presented in Appendices C and D, respectively. The companies' complete annual reports, including thenotes to the financial statements, are available online. Stock price data can be found in the company's annual 10K, filed at the SEC.InstructionsUse the companies' financial information to answer the following questions.а.What is the par or stated value of Coca-Cola's and PepsiCo's common or capital stock?b.What percentage of authorized shares was issued by Coca-Cola at December 31, 2017, and by PepsiCo at December 31, 2017?с.How many shares are held as treasury stock by Coca-Cola at December 31, 2017, and by PepsiCo at December 31, 2017?d.How many Coca-Cola common shares are outstanding at December 31, 2017? How many PepsiCo shares of capital stock are outstanding at December 31,2017?е.What amounts of cash dividends per share were declared by Coca-Cola and PepsiCo in 2017? What were the dollar amount effects of the cash dividends oneach company's stockholders' equity?f.What are Coca-Cola's and PepsiCo's return on common/capital stockholders' equity for 2017? Which company gets the higher return on the equity of itsshareholders?g.What are Coca-Cola's and PepsiCo's payout ratios for 2017?

(a)What is the par or stated value of Coca-Cola's and PepsiCo's common or capital stock? Par Value…

Answered: The Coca-Cola Company and PepsiCo, Inc.…

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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Here is a simplified balance sheet for Locust Farming: Locust Farming Balance Sheet (S in millions) Current assets S 42, 526 Current liabilities $ 29,753 Long term assets 46,836 Long-term debt 27,754 Other liabilities 14,321 Equity 17,534 Total S 89, 362 Total S 89, 362 Locust has 659 million shares outstanding with a market price of $85 a share. Calculate the company's market value added. Calculate the market-to-book ratio. How much value has the company created for its shareholders as a percent of shareholders' equity, that is, as a percent of the net capital contributed by shareholders?
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The balance sheet for Larry Underwood Motors shows a book value of stockholders' equity (book value per share\times total shares outstanding) of $1,358,000. Furthermore, the firm's income statement for the year just ended has a net income of $577, 000, which is $ 0.321 per share of common stock outstanding. The price - earnings ratio for firms similar to Underwood Motors is 21.33. a. What price would you expect Underwood Motors shares to sell for? b. What is the book value per share for Underwood's shares?
(Market value analysis) The balance sheet for Larry Underwood Motors shows a book value of stockholders' equity (book value per share x total shares outstanding) of $1,381,000. Furthermore, the firm's income statement for the year just ended has a net income of $565,000, which is $0.265 per share of common stock outstanding. The price-earnings ratio for firms similar to Underwood Motors is 19.57. a. What price would you expect Underwood Motors shares to sell for? b. What is the book value per share for Underwood's shares? a. What price would you expect Underwood Motors shares to sell for? The market price per share is $ (Round to the nearest cent.)
SLM, Inc., with sales of $800, has the following balance sheet: SLM, Incorporated Balance Sheet as of 12/31/X0 Assets Liabilities and Equity Accounts receivable $ 200 Trade accounts payable $ 120 Inventory 360 Long-term debt 510 Plant 800 Equity 730 $ 1,360 $ 1,360 It earns 9 percent on sales (after taxes) and pays no dividends. Round your answers to the nearest dollar. Determine the balance sheet entries for sales of $1,400 using the percent of sales method of forecasting. Accounts receivable: $ Inventory: $ Trade accounts payable: $ Will the firm need external financing to grow to sales of $1,400? If Yes, calculate the amount of external funding required, if No, enter zero. , the amount of the external funds needed is $ . Construct the new balance sheet and use newly issued long-term debt to cover a financial deficiency, if any. SLM, Incorporated Balance Sheet as of 12/31/X1 Assets Liabilities and Equity Accounts…
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Sheridan Corporation's suite of software products and services provides secure and scalable solutions for global companies. The following is an extract from the company's 2024 and 2023 comparative income statements and statement of financial position. The market price of Sheridan's common shares was $40.21 and $38.40 on June 30, 2024, and June 30, 2023, respectively. Sheridan declared dividends per common share of $0.473 and $0.412 for 2024 and 2023, respectively. SHERIDAN CORPORATION Years Ended June 30, 2024 and 2023 (in thousands) Comparative Income Statement Total revenues Total cost of goods sold 2024 2023 $2,292,471 $1,839,262 760,877 570,223 Total operating expenses Net income Statement of Financial Position Total assets 1,252,907 884,482 278,787 299,938 2024 2023 $7,435,933 $5,165,034 Total liabilities 3,940,763 3,795,325 Common share capital 1,449,399 809,798 Total shareholders' equity 3,495,170 1,369,709 Weighted average number of common shares outstanding 252,275 245,016…
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