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The Following Information Is Available for Coca-Cola and PepsiCo Compute the Fixed Asset Turnover Ratio for Both Coca Cola

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The following information is available for Coca-Cola and PepsiCo:
 Coca-Cola  PepsiCo  Net fixed assets (beginning of year) $4,168$5,266 Net fixed assets (end of year) 4,4355,438 Net sales for the year 19,88920,438 Net income for the year 2,1772,183\begin{array} { l r r } & \text { Coca-Cola } & \text { PepsiCo } \\\text { Net fixed assets (beginning of year) } & \$ 4,168 & \$ 5,266 \\\text { Net fixed assets (end of year) } & 4,435 & 5,438 \\\text { Net sales for the year } & 19,889 & 20,438 \\\text { Net income for the year } & 2,177 & 2,183\end{array} Compute the fixed asset turnover ratio for both Coca Cola and PepsiCo.


Definitions:

Public And Customer Relations

The strategies and practices a business uses to communicate and build positive relationships with the public and its customers.

Podcasting

The creation and distribution of audio or video episodes online, which audiences can download or stream to listen to or watch.

Audio And Video Messages

Communications that are delivered through sound and visual media, often used for presentations, marketing, or online content.

Large Growth

A substantial increase in size, number, value, or strength.

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