Question

Select a company in your pathway that maintains inventory. Don't use a company that someone has already used. Please put the company's name as the subject of your post. (No posting the company name only to hold it. You must make a full post or I will delete it.)

Access a recent (less than 12 months) annual 10-K report for the company at the EDGAR filings at SEC Edgar search tool or Yahoo or Google finance. Review the report and in a minimum of three paragraphs, tell us the following:

1. When the report was filed and the time period it covers, indicating specific dates.
2. What are the company's major product lines?
3. What inventory methods do they use? (Hint: see the Notes of the financial statements)
4. List the major types of the inventory and their values.
5. Include two other items that you found interesting about the financial statements.

Examples of businesses in pathways could be:

• AHCD: Dance, Theater, Film production, Social media, Graphics design or architecture business
• Business: Accounting office, caterer, advertising firm, dry cleaner, restaurant, any business is acceptable
• Education: K-12 tutoring, Child care, Charter schools
• Health Sciences: Dr. or Dentist office, PT office, Hospital, Insurance co,
• IMCT: Engineering Co., Aviation maintenance, Aviation distribution, Supply Chain Management
• Public Safety: Law office, PI, Equipment providers for the industry
• STEM: Engineering Co., Vet. Office, Computer Services co.
• SGSHS: Psychology office, Non-profit agencies, Social Media

Answer 1

PepsiCo, Inc.

The 10-K report for PepsiCo, Inc. was filed on 2020-02-13. The period of reporting covered by the specific form 10-K is December 28, 2019 and December 29, 2018.

The company’s major product lines beverages, grain-based snacks and food. These include chips from its subsidiary Frito-Lay, sports-themed food and beverages for its subsidiary Gatorade, Oats and other grain based foods from Quaker, fruit based beverages form Tropicana

The company values its Inventories at the lower of cost or net realizable value. Mostly, the inventory value determined using the weighted average method and first in first out (FIFO) methods. In very limited cases, LIFO method also uses.

Sl No.	Type of Inventory	Value (US$ millions)
1	Raw materials and packaging	1,395
2	Work-in-process	200
3	Finished goods	1,743
	Inventories	3,338

Interesting items about the financial statements:

· The first three reporting quarters have 12 weeks of reporting period each where as the last reporting quarter has 16 weeks of reporting period.

· The company is operating in about 200 countries and territories

· The company’s cash balance halved from its previous years figure.

**The answer should be presented in the paragraph format as required by the question which should contain details as required by questions 1 to 5**