In: Accounting
I am supposed to provide verbiage (shown below) and a chart to support the verbiage. I need your help in making a chart that I can paste into my word document from the current ratios from PepsiCo and Coca-Cola provided below. I know very little about excel or charts and hope you can assist me in learning this process. It will definitely be worth a 5-star rating for you. Thank you for your time and support.
The current ratio is enumerated from the balance sheet and is a comparison of the current assets to current liabilities which is calculated by dividing the two numbers (Law, 2016). PepsiCo’s total current assets for 2017 were $31,027,000 and the total current liabilities for the same period was $20,502,000. When these two numbers are divided, the current ratio is 1.51: 1 (PepsiCo, 2019). Coca-Cola’s total current assets for the same time frame were $36,545,000 and their total current liabilities in 2017 equaled $27,194,000. The partition of the statistics is equivalent to the current ratio of 1.34: 1 (Coca-Cola, 2018).
Computation of Current Ratio | ||||||
Current Ratio | = | Current Asset | ||||
Current Liabilities | ||||||
Pepsico | = | 31,027,000.00 | = | 1.51 | = | 1.51:1 |
20,502,000.00 | 1 | |||||
Coca-Cola | = | 36,545,000.00 | = | 1.34 | = | 1.34:1 |
27,194,000.00 | 1 | |||||
Relevant Charts:
Particulars | Current Asset | Current Liabilities | Current Ratio |
Pepsico | 31,027,000.00 | 20,502,000.00 | 1.51 |
Coca Cola | 36,545,000.00 | 27,194,000.00 | 1.34 |