Financial Analysis of Coca Cola versus PepsiCo, Inc. Axia College of University of Phoenix Financial Analysis of Coca Cola versus PepsiCo, Inc. There are two major competing companies that manufacture beverages. They compete for the number one manufacturer and distributor spot for beverages worldwide. Both companies are immediately identifiable almost anywhere. They are PepsiCo and Coca-Cola. They have so thoroughly saturated the markets around the world that they enjoy
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Week 2 CheckPoint Reflection During the useful life of a plant asset, a company may incur costs for ordinary repairs, additions, or improvements (Weygandt, Kimmel, & Kieso, 2010, p. 409). Costs incurred for ordinary repairs are considered revenue expenditures. Costs incurred for additions and improvements are considered capital expenditures. Companies incur revenue expenditures to maintain the operating efficiency and productive life of an asset. Usually these are fairly small costs that occur
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Internal Control XACC/280 08/14/2011 In this world, companies and businesses need a way of monitoring themselves, particularly in the accounting department. This is an act of preventative maintenance, ensuring that the financial reporting is reliable. Any successful business has a strong internal control model, without it, operations won’t run efficiently. A type of feedback, internal controls look at the quality and functionality of different aspects of a business ( eHow Money, n.d.). Its
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Ratio Vertical and Horizontal Analyses There are three tool in a financial statement, Ratio, Vertical, and Horizontal. Horizontal the first financial tool evaluates the performance of the company from period to period. Horizontal analysis can also be called trend analysis and is used to look over data over a period of time to determine if there were increases or decreases that has taken place. Horizontal analysis is used primarily in intercompany comparisons. Vertical analysis is the second tool
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BE5-1 Korinek Company Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Net Income $71,200.00 $41,200.00 $30,000.00 $17,900.00 $12,100.00 $108,000.00 $70,000.00 $38,000.00 $8,500.00 $29,500.00 $181,500.00 $71,900.00 $109,600.00 $46,200.00 $63,400.00 BE5-2 Pocras Company Date Account Title and Explanations Debit Credit Inventory $590.00 Accounts
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Chen, Inc. purchases 1,000 shares of its own previously issued $5 per common stock for $12,000. Assuming the shares are held in the treasury, what effect does this transaction have on (a) net income, (b) total assets, (c) total paid-in capital, and (d) total stockholders' equity? Treasury stocks are repurchased or buybacks from stockholders that may have never been publicly issued. Treasury stock share do not pay dividends nor do they have voting rights. Whenever a company purchases treasury stocks
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Brandon Watkins /Exam #1 Improvement Question 10. Univeo, Inc. had revenues of $245,000, expenses of $180,000, and dividends of $45,000 during 2015. Which of the following statements is correct? a. Net income for 2015 totaled $20,000. I Selected b. Net income for 2015 totaled $65,000. Correct answer c. Total retained earnings decreased by $20,000 during 2015. d. Total retained earnings increased by $65,000 during 2015. I originally chose this answer because I subtracted everything so there
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Week 1 Check point 2 There are three basic elements to an accounting equation and they are Assets, Liabilities, and Owners Equity. You simply need to remember A=L+OE (ALOE) for short. The first element is Assets and they are all the things that basically make up the business. The text reads that assets may include the following cash, property, plant, and equipment. The next element is Liabilities and liabilities are when you borrow money (loan), when you get something financed for example the purchase
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Internal Controls <Name> XACC/280 <Date> <Instructor> Internal Controls (a) Indicate the weaknesses in internal accounting control over the handling of collections. There are many weaknesses in the current process in which the church collects, documents, and secures the weekly collections. The first problem is that the finance committee, who prepares the annual budget and approves major disbursements, are not involved with the collection and record keeping process. How
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XACC/291 – Week 8 Assignment Complete Exercises E13-8 & E14-3 Exercise E13-8 Taguchi Company Statement of Cash flows-Indirect method For the year ended in December 31,2011 Cash Flows from operating activities Net income 103,000 Adjustments to receive net income to net cash provided by operating cash activities: Increase in accounts receivable (9,000) Decrease in inventory 19,000 Decrease
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