When is the annual assessment performed

Assignment Help Accounting Basics
Reference no: EM131853754

Question: Go to the InvestorsTab at the top of the PepsiCo, Inc.web site and retrieve the 2016 Annual Report‘Full Report' in PDF format - NOT the interactive version.

Required: 1. Indefinite-lived intangible assets and goodwill are assessed for impairment at least annually, when is this annual assessment performed?

2. What average useful lives does the company use for the depreciation of its property, plant and equipment?

3. What depreciation method does the company use?

4. How much depreciation expense did the company recognize for2016 and 2015?

5. List all types of intangible assets that the company hasreported at the end of 2016.

6. Which of the above intangible assets is the company amortizing?

7. How much amortization expense did the company recognize for 2016 and 2015?

8. What is the projected amortization expense expected to be for 2017?

9. What was the charge to income in connection withthe required annual evaluation for impaired intangible assets for goodwill the years presented?

10. List the names (titles) of the financial statements and the footnotes (by number and name) and any other parts of the annual report used in researching your answer.

Attach the pages of the 2016Annual Report for PepsiCo that you used to answer the above questions.Do not attach additional pages - only the pages used to answer the questions. The pages attached are not your answer rather they are in support of your answers.Students should take note that this assignment can be answered in its entirety with two of Pepsi Co's financial statement footnotes.

Reference no: EM131853754

Questions Cloud

Construct a bar chart of data : A university published the following distribution of students enrolled in the various colleges:
Logarithmic utility function of wealth and initial wealth : An investor with logarithmic utility function of wealth and initial wealth of $100,000.what important implication can we make from portfolio allocation decision
What is the role and background of the author of the article : Ask a member of the Human Resources team (or the person who does the hiring) at your work what they see as the key characteristics of a successful manager.
Distribution of ages of students in a graduate course : 1. Calculate the mean and standard deviation of the following sample:
When is the annual assessment performed : Indefinite-lived intangible assets and goodwill are assessed for impairment at least annually, when is this annual assessment performed?
Closing prices of hewlett-packard stock : Weekly closing prices of Hewlett-Packard stock from October 1995 to February 1996 are listed below, given in sequential order and rounded to the nearest dollar:
Compute the mean-median-variance : (a) Compute the mean, median, variance, range, and interquartile range for these observations. (b) Produce a stem and leaf plot.
Think they are better off in terms of trading stock : From investors standpoint where do you think they are better off in terms of trading a stock: at NYSE or NASDAQ markets?
What price should he be willing to pay for these shares : Alfred Sautin wants to invest in Dieciring, Inc. a private company. What price should he be willing to pay for these shares?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the dl and dm variances and provide explanations

ryt aka rotyourteeth candy company sells lollipops. last year the company sold 10000000 lollipops for 1000000. the

  Why do the balance sheets of agency funds contain only

1.what is the distinction as drawn by the gasb between a fiduciary fund and a permanent fund?2.how should governments

  How much profit should lebron recognize in year

The Company signed a fixed-price $6,500,000 contract to construct a building. How much profit should LeBron recognize in Year 2

  What factors affect the demand for loanable funds

What factors affect the demand for loanable funds?- What factors affect the supply of loanable funds?

  Hospital and other health care organizations provide

hospital and other health care organizations provide services knowing that they will collected from third-party payers

  Discuss what are the flexible budget amounts of total costs

Best Co. anticipates $175,000 of fixed costs and $137,500 of variable costs. What are the flexible budget amounts of total costs for 20,000 and 30,000 units

  Fixed costs are 600000 and the variable costs are 75 of

fixed costs are 600000 and the variable costs are 75 of the unit selling price. what is the break-even point in

  The truck traveled 8000 miles the first year 8500 miles the

bagodonuts company bought a used delivery truck on january 1 2010 for 19200. the van was expected to remain in service

  What is the amount of adoption credit they can claim

jesus and mindy whose modified AGI is 200,000 adopted a girl from Miami florida and incurred a total of 18,000 in qualified adoption expenses what is the amount of adoption credit they can claim?

  Prepare the corrected income statement for the given year

What correction, if any, should be made in the amounts of thecompany's owner's equity at the end of the year 2007and 2008?

  New break-even point in units

As a result of new automated equipment, it is anticipated that fixed costs will increase by $125,000 and variable costs will be 50% of the selling price. The new break-even point in units is:

  During 2010 a company purchased a mine at a cost of 4116000

during 2010 a company purchased a mine at a cost of 4116000. the company spent an additional 720000 getting the mine

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd