Exercise 12-9 Suppose Presented below is 2017 information for PepsiCo, Inc, and The Coca-Cola Company...
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Exercise 12-9 Suppose Presented below is 2017 information for PepsiCo, Inc, and The Coca-Cola Company ($ in millions Net cash provided by operating activities Average current liabilities Net income Sales revenue Capital expenditures Dividends paid PepsiCo Coca-Cola $8,340 14,661 6,844 32,367 2,161 3,666 $6,751 8,433 5,794 40,660 2,297 2,758 Compute free cash flow for both companies and compare. (Show a negative free cash flow with either a -sign e.g. -15,000 or in parenthesis e.g. (15,000).) Coca-Cola PepsiCo Free cash flow (in millions) 's free cash flow is greater Click if you would like to Show Work for this
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