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

question 45

Short Answer

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

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Definitions:

Cocking Head

The action of tilting or turning the head to one side, often as a gesture of curiosity, listening, or confusion.

Sound Location

The ability to identify the origin of a sound in space.

Pitch

A tone’s experienced highness or lowness; depends on frequency.

Middle Ear

The chamber between the eardrum and cochlea containing three tiny bones (hammer, anvil, and stirrup) that concentrate the vibrations of the eardrum on the cochlea’s oval window.