Paper Writing Service - HelpWriting.net 👈 ✅ Quality You get an original and high-quality paper based on extensive research. The completed work will be correctly formatted, referenced and tailored to your level of study. ✅ Confidentiality We value your privacy. We do not disclose your personal information to any third party without your consent. Your payment data is also safely handled as you process the payment through a secured and verified payment processor. ✅ Originality Every single order we deliver is written from scratch according to your instructions. We have zero tolerance for plagiarism, so all completed papers are unique and checked for plagiarism using a leading plagiarism detector. ✅ On-time delivery We strive to deliver quality custom written papers before the deadline. That's why you don't have to worry about missing the deadline for submitting your assignment. ✅ Free revisions You can ask to revise your paper as many times as you need until you're completely satisfied with the result. Provide notes about what needs to be changed, and we'll change it right away. ✅ 24/7 Support From answering simple questions to solving any possible issues, we're always here to help you in chat and on the phone. We've got you covered at any time, day or night. Pepsico vs. Coca-Cola Essay PepsiCo vs. Coca Cola A Financial Comparison June 13, 2007 AC550 May 2007 Executive Summary The purpose of this comparative analysis is to provide a summary of financial and accounting information to a potential investor who is looking to invest in either Coca Cola or PepsiCo. This research will cover some facts from the financial statements of both companies for the year of 2004. There are many factors to review when comparing these two companies. They are two of the top manufacturers of CSDs (carbonated soft drinks) in the world. Coke s portfolio is weighted more heavily in the soft drink beverage industry, whereas PepsiCo has tried to diversify itself by merging with companies such as Quaker, Tropicana, and Gatorade....show more content...The comparability of the inventories could be complicated by the fact that PepsiCo is using a combination of both LIFO and FIFO method. However, as PepsiCo states in their notes the difference is not material. Therefore the inventories are comparable. PepsiCo s ending inventories are $121 higher than they are at Coca Cola, but this difference is not significant. D. Both companies are following a full disclosure principal and provide detailed explanations to the items presented in the financial statements. It appears that PepsiCo had not reported any major accounting policies changes for the year of 2004. Coca Cola refers to the changes adopted in 2002 for SFAS No.142 which required an initial impairment assessment involving a comparison of the fair value of goodwill, trademarks and other intangibles assets to current carrying value. (willey.com/college/kieso). This change makes it difficult to compare histori

1. Pepsico vs. Coca-Cola Essay
PepsiCo vs. Coca–Cola – A Financial Comparison June 13, 2007 AC550 May 2007 Executive Summary The purpose of this comparative
analysis is to provide a summary of financial and accounting information to a potential investor who is looking to invest in either Coca–Cola or
PepsiCo. This research will cover some facts from the financial statements of both companies for the year of 2004. There are many factors to
review when comparing these two companies. They are two of the top manufacturers of CSDs (carbonated soft drinks) in the world. Coke's
portfolio is weighted more heavily in the soft drink beverage industry, whereas PepsiCo has tried to diversify itself by merging with companies
such as Quaker, Tropicana, and Gatorade....show more content...
The comparability of the inventories could be complicated by the fact that PepsiCo is using a combination of both LIFO and FIFO method.
However, as PepsiCo states in their notes the difference is not material. Therefore the inventories are comparable. PepsiCo's ending inventories are
$121 higher than they are at Coca–Cola, but this difference is not significant. D. Both companies are following a full disclosure principal and
provide detailed explanations to the items presented in the financial statements. It appears that PepsiCo had not reported any major accounting
policies changes for the year of 2004. Coca–Cola refers to the changes adopted in 2002 for SFAS No.142 which "required an initial impairment
assessment involving a comparison of the fair value of goodwill, trademarks and other intangibles assets to current carrying value." (willey.com
/college/kieso). This change makes it difficult to compare historical data from the company's financial statements. However, since PepsiCo had
adopted the same requirement back in 2002, the data related to these assets is comparable between the companies. The main change that occurred
in 2004 at Coca–Cola is the change due to application of FASB "Consolidation of Variable Interest Entities", Interpretation No.46 (FIN 46). This
resulted in change of the equity method of accounting for certain entities, primarily bottlers. The change caused consolidation of $383 in assets and
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