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An annual report for PepsiCo contained the following

information in #929
An annual report for PepsiCo contained the following information (in millions of U. S.
dollars):Net earnings ..................... $ 6,214Depreciation and amortization .............
2,689Decrease in trade receivables ............. 250Decrease in inventories ................
144Decrease in prepayments ............... 89Increase in trade payables .............. 548Decrease in
taxes payable .............. 97Cash dividends paid .................. 3,305Repurchase of shares
................ 3,226Required:1. Compute the cash flows from operating activities for PepsiCo by
using the indirect method. 2. Compute the quality of earnings ratio. 3. What were the major
reasons that Pepsi’s quality of earnings ratio did not equal 1.0?View Solution:
An annual report for PepsiCo contained the following information in

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