PepsiCo”s financial statements are presented. Financial statements ofThe Coca-Cola Companyare presented. Instructions for accessing and using the complete annual reports of PepsiCo and Coca-Cola, including the notes to the financial statements, are also provided in Appendices B and C, respectively.
Instructions
(a)Based on the information contained in these financial statements, determine the following for each company.
(1)Net cash used in investing (investment) activities for the current year (from the statement of cash flows).
(2)Cash used for capital expenditures during the current year.
(b)Each of PepsiCo”s financial statements is labeled “consolidated.” What has been consolidated? That is, from the contents of PepsiCo”s annual report, identify by name the corporations that have been consolidated (parent and subsidiaries).