Previous Year (in millions) $12,063 3,328 7,071 2,498 1,839 3,858 15,038 12,800 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Cash and cash equivalents Short-term investments, at cost Accounts and notes receivable, net Inventories Prepaid expenses and other current assets Short-term obligations Accounts payable Open spreadsheet a. Determine the (1) current ratio and (2) quick ratio for both years. Round your answers to one decimal place. 1. Current ratio 2. Quick ratio b. The liquidity of PepsiCo has Current Year Current Year (in millions) $25,397 8,274 6,424 2,512 1,577 7,277 PepsiCo is a j by the current and quick ratios has Previous Year some over this time period. The current ratio has company with during this period. and the quick ratio has resources for meeting short-term obligations. Its liquidity as measured.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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years:
Cash and cash equivalents
Short-term investments, at cost
Accounts and notes receivable, net
Inventories
Prepaid expenses and other current assets
Short-term obligations
Accounts payable
Current Year Previous Year
(in millions)
(in millions)
$25,397
$12,083
8,274
3,328
6,424
7,071
2,512
2,498
1,577
1,839
7,277
3,058
15,038
12,800
This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.
X
Open spreadsheet
a. Determine the (1) current ratio and (2) quick ratio for both years. Round your answers to one decimal place.
1. Current ratio
2. Quick ratio
b. The liquidity of PepsiCo has
Current Year
Office 365
PepsiCo is a
by the current and quick ratios has)
Previous Year
Print tem
some over this time period. The current ratio has
company with 2
during this period.
and the quick ratio has
resources for meeting short-term obligations. Its liquidity as measured
Transcribed Image Text:years: Cash and cash equivalents Short-term investments, at cost Accounts and notes receivable, net Inventories Prepaid expenses and other current assets Short-term obligations Accounts payable Current Year Previous Year (in millions) (in millions) $25,397 $12,083 8,274 3,328 6,424 7,071 2,512 2,498 1,577 1,839 7,277 3,058 15,038 12,800 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. X Open spreadsheet a. Determine the (1) current ratio and (2) quick ratio for both years. Round your answers to one decimal place. 1. Current ratio 2. Quick ratio b. The liquidity of PepsiCo has Current Year Office 365 PepsiCo is a by the current and quick ratios has) Previous Year Print tem some over this time period. The current ratio has company with 2 during this period. and the quick ratio has resources for meeting short-term obligations. Its liquidity as measured
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