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а. Consider the income statement given below and perform Percentage Change Analysis for the entire Income Statement. b. Comment on what changes PepsiCo has observed as they move from the year 2009 to the year 2010.

а. Consider the income statement given below and perform Percentage Change Analysis for the entire Income Statement. b. Comment on what changes PepsiCo has observed as they move from the year 2009 to the year 2010.

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 40E: Cuneo Companys income statements for the last 3 years are as follows: Refer to the information for...
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a. Consider the income statement given below and perform Percentage Change Analysis for the entire Income Statement. b. Comment on what changes PepsiCo has observed as they move from the year 2009 to the year 2010. PepsiCo, Inc. Income Statement Years Ended December 25, 2010 and December 26, 2009 (in millions) 2010 2009 Net sales $57,838 $43,232 Cost of goods sold Gross margin Selling and administrative expenses Other operating expenses Operating income Interest expense Other income (expense; net) Income before taxes 26,575 $31,263 20,099 $ 23,133 22,814 117 $ 8,332 15,026 63 $ 8,044 903 397 785 $ 8,214 1,894 $ 6,320 399 $ 8,046 2,100 $ 5,946 Income tax expense Net income U marks1
Transcribed Image Text:a. Consider the income statement given below and perform Percentage Change Analysis for the entire Income Statement. b. Comment on what changes PepsiCo has observed as they move from the year 2009 to the year 2010. PepsiCo, Inc. Income Statement Years Ended December 25, 2010 and December 26, 2009 (in millions) 2010 2009 Net sales $57,838 $43,232 Cost of goods sold Gross margin Selling and administrative expenses Other operating expenses Operating income Interest expense Other income (expense; net) Income before taxes 26,575 $31,263 20,099 $ 23,133 22,814 117 $ 8,332 15,026 63 $ 8,044 903 397 785 $ 8,214 1,894 $ 6,320 399 $ 8,046 2,100 $ 5,946 Income tax expense Net income U marks1
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