Evaluating Investment Decisions The information below was reported by PepsiCo, Inc. in its 2001 annual report.
|
(In millions) |
2001 |
2000 |
1999 |
|
Net sales |
$26,935 |
$25,479 |
$25,093 |
|
Net income |
2,662 |
2,543 |
2,505 |
|
Cash flow from operating activities |
4,201 |
3,330 |
3,605 |
|
Cash invested in other companies |
432 |
98 |
430 |
|
Cash purchases of plant assets |
1,324 |
1,352 |
1,341 |
|
Cash flow from financing activities |
1,919 |
2,648 |
1,828 |
|
Cash dividends paid |
994 |
949 |
935 |
|
Total assets |
21,695 |
20,757 |
19,948 |
Required Identify and evaluate PepsiCo’s investment decisions over the three years shown. Include in your analysis an examination of changes in efficiency and effectiveness.