(Answered) The financial statements of pepsico inc are presented in

Accounting

The financial statements of PepsiCo, Inc. are presented in Appendix A at the end of this textbook.

Instructions

Answer the questions on the following page using the Consolidated Balance Sheet and the Notes to Consolidated Financial Statements section.

(a) What were PepsiCo's total current assets at December 29, 2007 and December 30, 2006?

(b) Are assets that PepsiCo included under current assets listed in proper order? Explain.

(d) What are "cash equivalents"?

(e) What were PepsiCo's total current liabilities at December 29, 2007 and December 30, 2006?

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