PepsiCo, Inc. is a world leader in convenient snacks, foods, andbeverages. The following are PepsiCoâs financial statements aspresented in its 2013 annual report. To access PepsiCoâs completeannual report, including notes to the financial statements, followthese steps:
1. Go to http://www.pepsico.com.
2. Select Annual Reports and Proxy Information under the Investorstab.
3. Select the 2013 Annual Report.
4. Refer to the notes to consolidated financial statements. TheCoca-Cola Company is a global leader in the beverage industry. Itoffers hundreds of brands, including soft drinks, fruit juices,sports drinks and other beverages in more than 200 countries. Thefollowing are Coca-Colaâs financial statements as presented in its2013 annual report. To access Coca-Colaâs complete annual report,including notes to the financial statements, follow thesesteps:
1. Go to http://www.coca-colacompany.com.
2. Select the Investors link near the bottom of the page, and thenselect Financial Reports & Information.
3. Select the 2013 Annual Report on Form 10-K.
4. Refer to the notes to consolidated financial statements.
a) What is the par or stated value of Coca-Colaâs and PepsiCoâscommon stock? (Round answers to 2 decimal places, e.g. 52.35.)
b) What percentage of authorized shares was issued by Coca-Colaat December 31, 2013, and by PepsiCo at December 28, 2013? (Roundanswers to 1 decimal place, e.g. 52.5%.)
c) How many shares are held as treasury stock by Coca-Cola atDecember 31, 2013, and by PepsiCo at December 28, 2013? (Enteranswers in millions.)
d) How many Coca-Cola common shares are outstanding at December31, 2013? How many PepsiCo shares of common stock are outstandingat December 28, 2013? (Enter answers in millions.)