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The actual financial statements of PepsiCo, Inc., as presented in the company's 2007 annual report, are contained in Appendix A (at the back of the textbook).

Instructions

Refer to Pepsi's financial statements and answer the following questions.

(a) What were Pepsi's total assets at December 29, 2007? At December 30, 2006?

(b) How much cash (and cash equivalents) did Pepsi have on December 29, 2007?

(c) What amount of accounts payable did Pepsi report on December 29, 2007? On December 30, 2006?

(d) What were Pepsi's net sales in 2005? In 2006? In 2007?

(e) What is the amount of the change in Pepsi's net income from 2006 to 2007?

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