PepsiCo, Inc.'s financial statements are presented in pepsico-inc-2020-annual-report.pdf and Financial statements of The Coca-Cola Company are presented in...

PepsiCo, Inc.'s financial statements are presented in pepsico-inc-2020-annual-report.pdf and Financial statements of The Coca-Cola Company are presented in Coca-Cola-FEMSA-Financial-Statements-2019.pdf (coca-colafemsa.com). The complete annual reports of PepsiCo and Coca-Cola, including the notes to the financial statements, are available at each company's respective website. You are required to analyze the financial performance of these two company’s accounting cycle.

1. What were PepsiCo’s and Coca-Cola’s total current assets at December 26, 2020.


2. Are assets that PepsiCo and Coca-Cola included under current assets listed in proper order? Explain.


3. How are PepsiCo and Coca-Cola assets and liabilities were classified? -Explain


4. What was PepsiCo and Coca-Cola “Cash and cash equivalents” at December,2020? -Explain.


5. Net amount of property, plant, and equipment (land, buildings, and equipment).


6. Total current liabilities of both the companies – Explain.


7. Total equity of both the companies – Explain


8. What conclusions concerning the companies' respective financial positions can be drawn?

Rules: 8 Pages. Arial 12. Due: July 23, 2021 Question 1 PepsiCo, Inc.'s financial statements are presented in pepsico-inc-2020-annual-report.pdf and Financial statements of The Coca-Cola Company are presented in Coca-Cola-FEMSA-Financial-Statements-2019.pdf (coca-colafemsa.com). The complete annual reports of PepsiCo and Coca-Cola, including the notes to the financial statements, are available at each company's respective website. You are required to analyze the financial performance of these two company’s accounting cycle. 1. What were PepsiCo’s and Coca-Cola’s total current assets at December 26, 2020. 2. Are assets that PepsiCo and Coca-Cola included under current assets listed in proper order? Explain. 3. How are PepsiCo and Coca-Cola assets and liabilities were classified? -Explain 4. What was PepsiCo and Coca-Cola “Cash and cash equivalents” at December,2020? -Explain. 5. Net amount of property, plant, and equipment (land, buildings, and equipment). 6. Total current liabilities of both the companies – Explain. 7. Total equity of both the companies – Explain 8. What conclusions concerning the companies' respective financial positions can be drawn? Question 2 You are an expert in the field of forming partnerships. Ronald Hrabik and Meg Percival want to establish a partnership to start “Pasta Shop,” and they are going to meet with you to discuss their plans. Prior to the meeting, you will send them a memo discussing the issues they need to consider. Write a memo in good form to be sent to Hrabik and Percival. a. Name two services performed by the firm. b. Legal formalities required to forming the partnership firm c. Required investment for each of the partners. d. Profit and loss sharing procedures. e. What is the firm's total annual revenue? f. How many clients (expected) does it service? g. How many people are employed (expected) by the firm? h. How many partners are there in the firm? Explain Why? i. How would you design the Decision-Making Across the Organization? j. Did you have someone help you form this organization (attorney, accountant, relative, etc.)? k. What conclusions concerning the firms’ financial positions can be drawn?