PepsiCo, Inc. is a world leader in convenient snacks, foods, and beverages. The following are PepsiCo’s financial statements as presented in its 2013 annual report. To access PepsiCo’s complete annual report, including notes to the financial statements, follow these steps: 1.   Go to http://www.pepsico.com. 2.   Select Annual Reports and Proxy Information under the Investors tab. 3.   Select the 2013 Annual Report. 4.   The Notes to Consolidated Financial Statements begin on page 73. The Coca-Cola Company is a global leader in the beverage industry. It offers hundreds of brands, including soft drinks, fruit juices, sports drinks and other beverages in more than 200 countries. The following are Coca-Cola’s financial statements as presented in its 2013 annual report. To access Coca-Cola’s complete annual report, including notes to the financial statements, follow these steps: 1.   Go to http://www.coca-colacompany.com. 2.   Select the Investors link near the bottom of the page, and then select Financial Reports & Information. 3.   Select the 2013 Annual Report on Form 10-K. 4.   The Notes to Consolidated Financial Statements begin on page 79. Based on information contained in these financial statements, determine the following for each company. (Enter decrease in account balance with a negative sign preceding the number, e.g. -45,000,000 or parentheses, e.g. (45,000,000).) 1.- Increase (decrease) in cash and cash equivalents from 2012 to 2013. 2.-Increase (decrease) in net income from 2012 to 2013.

Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter1: Introduction To Accounting And Business
Section: Chapter Questions
Problem 26E
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PepsiCo, Inc. is a world leader in convenient snacks, foods, and beverages. The following are PepsiCo’s financial statements as presented in its 2013 annual report. To access PepsiCo’s complete annual report, including notes to the financial statements, follow these steps:

1.   Go to http://www.pepsico.com.
2.   Select Annual Reports and Proxy Information under the Investors tab.
3.   Select the 2013 Annual Report.
4.   The Notes to Consolidated Financial Statements begin on page 73.


The Coca-Cola Company is a global leader in the beverage industry. It offers hundreds of brands, including soft drinks, fruit juices, sports drinks and other beverages in more than 200 countries. The following are Coca-Cola’s financial statements as presented in its 2013 annual report. To access Coca-Cola’s complete annual report, including notes to the financial statements, follow these steps:

1.   Go to http://www.coca-colacompany.com.
2.   Select the Investors link near the bottom of the page, and then select Financial Reports & Information.
3.   Select the 2013 Annual Report on Form 10-K.
4.   The Notes to Consolidated Financial Statements begin on page 79.


Based on information contained in these financial statements, determine the following for each company. (Enter decrease in account balance with a negative sign preceding the number, e.g. -45,000,000 or parentheses, e.g. (45,000,000).)

1.- Increase (decrease) in cash and cash equivalents from 2012 to 2013.

2.-Increase (decrease) in net income from 2012 to 2013.

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By following the steps given in the question, we would download the annual reports of the both companies for Year 2013

 

 

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