User Account

All Pages

Which of the companies is quicker to convert its receivable

Assignment Help Accounting Basics
Reference no: EM13870203

Coca-Cola and PepsiCo are two of the largest and most successful beverage companies in the world in terms of the products that they sell and their receivables management practices. To evaluate their ability to collect on credit sales, consider the following rounded amounts reported in their annual reports (amounts in millions).

Required:

1. Calculate the receivables turnover ratios and days to collect for Coca-Cola and PepsiCo for 2012 and 2011. (Round to one decimal place)

2. Which of the companies is quicker to convert its receivables into cash?

Reference no: EM13870203

Questions Cloud

Find an article in the news regarding wireless hacking : Research via the internet and find an article in the news regarding wireless hacking, hardware hacking, or other security breach.As security and IT change so rapidly, your article should be no older than 2007 (i.e. Less than 5 years old).Summarize th..
Write a program that takes an integer on the command line : Write a program that takes an integer on the command line, checks that it is not negative or bigger than 200 (in which case a suitable message should be printed and no computation performed) and then prints it out followed by every number
Combines the separately compiled modules of a program : Loader is a system program that combines the separately compiled modules of a program into a form suitable for execution
Culture & ease of doing business : Write a 500 words report on BRAZIL - Culture & Ease of Doing Business
Which of the companies is quicker to convert its receivable : Calculate the receivables turnover ratios and days to collect for Coca-Cola and PepsiCo for 2012 and 2011. (Round to one decimal place) Which of the companies is quicker to convert its receivables into cash?
Detail the embedded system design cycle : Discuss from your personal perspective in detail the embedded system design cycle for a Dell XPS notebook computer and Windows 10 Enterprise operating system.
How can you make greshams law appropriate : But this mo­ tivation is not entirely appropriate, at least for the way we described Gre­ sham's law. Why not? How can you make Greshams law appropriate?
Will salesman give high or low effort under given contract : What, from your point of view, is the optimal contract to offer him? Will salesman give high or low effort under this contract? What will be your profits?
What is the molality of 150.0 g of nh3 : What is the molality of 150.0 g of NH3 dissolved in a solution that is 1.25 Liters?  The density of the solution is 1.45 g/mL.

Reviews

Write a Review

Accounting Basics Questions & Answers

  In 2012 sales revenue was 120 and net income was 12 1112

in 2012 sales revenue was 120 and net income was 12. 1112 balances were current assets 20 long-term assets 70 current

  Merliss companya specialty boat-accessory manufacturer is

merliss companya specialty boat-accessory manufacturer is expecting growth in sales of certain low price products.

  Prepare the entries for the norton investment assuming that

brooks corp. is a medium-sized corporation specializing in quarrying stone for building construction. the company has

  Discuss the importance of accounting independence

Discuss the importance of accounting independence in accounting information systems. Give an example of where this concept is important (use an example other than inventory control).

  Krispy amp co manufactures a single product that goes

krispy amp co manufactures a single product that goes through two processes mixing and cooking. the following data are

  Assuming platypus building inc uses the completed contract

platypus building inc. won a bid for a new office building contract. below is info from the project accountant total

  At the end of 2014 sanchez company has accounts receivable

at the end of 2014 sanchez company has accounts receivable of 400000 and an allowance for doubtful accounts of 20000.

  Optic matrix inc plans 3200 hours of production for the

optic matrix inc. plans 3200 hours of production for the yokohama cell for the year. the materials cost is 125 per

  A special order for 1000 units has been received from a

a special order for 1000 units has been received from a foreign company. the unit price requested is 55. the normal

  As a result of the subprime mortgage debacle the ceos at

as a result of the subprime mortgage debacle the ceos at merrill lynch citi-group bear stearns and morgan stanley all

  Describe the ethical environment that led to the fraud

describe the ethical environment that led to the fraud

  The central valley company is a merchandising firm that

the central valley company is a merchandising firm that sells a single product. the companys revenues and expenses for

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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